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Sallie Mae is one of the biggest and best known private student loan companies.It has offered a variety of loans to students as well as parental loans for over 40 years and has serviced over 30 million Americans.Additionally, scholarships may be an important supplement to the student loan proceeds.Sallie Mae is one of the largest and most reputable student loan companies offering both undergraduate and graduate student loans.They are a national leader in providing default prevention services for student loans.Sun Trust Bank offers private student loans to both undergraduate and graduate students.They have been in business for over 40 years and have helped more than 30 million students and their families save, plan and pay for college. Department of Education and private lenders to facilitate successful student loan repayment.

In general, interest rates and fees are lower for Federal student loans than for private student loans.Great Lakes Higher Education Corporation is a non-profit organization dedicated to helping students finance their education and borrow responsibly.It works with the Department of Education as well as private lenders.More than 43 million students and graduates have student loan debt, and with the high cost of post-secondary education, that number will continue to grow.For students who cannot afford college tuition, loans give them access to higher education, but they are also a significant responsibility and should be treated as such.

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