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Things to Consider Before Borrowing a Private Student Loan

When applying for a private student loan, it's important to borrow only the money you need to cover unmet educational expenses, as you must pay back each dollar plus interest. Excessive debt can have a negative impact on your future plans and lifestyle for years to come.

To help estimate your education-related expenses and identify your financing gap, use our student loan calculator, or contact your financial aid advisor for assistance.

If you are planning to repay all or part of your college student loans yourself, you should take into account your income potential after graduation. To give you a better idea of what to expect, our Starting Salaries Chart lists the average first-year salaries of various professions. Download the Starting Salaries Chart.

Paying for School

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