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  • 16-03-2021
  • Business
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How are private loans different than federal loans?

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sabinapradhan1612
sabinapradhan1612 sabinapradhan1612
  • 16-03-2021

Answer:

When comparing federal loans vs private loans, the key difference is that federal loans are provided by the government and private loans are provided by banks, credit unions, and other financial institutions. Each has its own student loan eligibility criteria, application process, and terms and conditions.

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