Benefits and Overview

PrivateStudentLoans.com, powered by Edvisors, is a trusted source of information and insights for millions of students and families looking to plan and pay for college. We aim to help students and parents easily find what they need to know, so they can make more informed, smarter decisions about college costs and financial aid.

Compare Federal Student Loans vs. Private Student LoansCompare your student loan options easily with our comparison tables. Understand the benefits of Direct subsidized and unsubsidized loans, PLUS loans, and private student loans.

How to Choose the Best Student LoansDifferent types of federal and private student loans offer different costs and benefits. Students and parents can minimize costs by following these recommendations when choosing loans.

How Student Loans WorkLike other loans, student loans are paid back over a certain period of time, almost always with interest. Find out how student loans really work.

How to Compare Student Loan CostsAds don’t always compare student loans on an equal basis. Learn how to review loan details to minimize the total amount of your student loan payments.

Plan for College

Why College?A college education is a reliable path to long-term success, leading to higher income and lower unemployment. There are also several non-financial benefits to a college education. College graduates are happier, healthier and more public-spirited.

Is College Worth the Cost?On average, the wage premium for college graduates exceeds the direct and indirect costs of a college education. Average income increases and unemployment rates decrease with higher educational attainment. So long as debt is kept in sync with annual income after graduation, the college graduate should be able to repay his or her student loans in a reasonable period of time.

College ComparisonsThere are several tools that students and parents can use to compare outcomes at individual colleges, including graduation rates, income after graduation, average student loan debt and unemployment rates.

Reasonable DebtStudent loan debt at graduation is considered reasonable if the college graduate’s annual starting income is sufficient to repay the student loans within a reasonable number of years after graduation. So long as total student loan debt is less than the annual income, the borrower will be able to repay his or her student loans in 10 years or less.