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Fortune
Fortune
Joseph Hostetler

Federal vs. private student loans: How to choose (and why it matters)

(Credit: Getty Images)

Have you decided to return to school? Investing in yourself is money well-spent, as it can lead to personal growth and the potential to increase your income with honed skills and new degrees. But how do you plan to finance it?

The way you choose to fund your education can either help you toward your goal or hamper it. Here’s how to choose between federal student loans and private student loans by asking yourself some simple questions.

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