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A New Loan Option Helps Families who Are Looking to Finance an Undergraduate or Graduate Education
Sallie Mae ConsumerFeature
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READER SCRIPT
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ACCORDING TO A RECENT, NATIONAL STUDY BY "SALLIE MAE" AND "IPSOS", PAYING FOR COLLEGE IS A SHARED RESPONSIBILITY--WHERE BOTH STUDENTS AND PARENTS HELP COVER THE BILL. IN FACT, THE MAJORITY OF PARENTS ARE INDEED PLANNING TO HELP COVER THE COST OF THEIR CHILD'S COLLEGE-EDUCATION. NOW, THERE'S A NEW OPTION TO HELP PARENTS DO JUST THAT. THE GOAL WITH THE NEW "PARENT LOAN" IS TO PROVIDE A NEW CHOICE FOR FAMILIES: IT OFFERS COMPETITIVE INTEREST-RATES, NO ORIGINATION-FEES, AND A CHOICE OF REPAYMENT-OPTIONS. IT CAN ALSO COVER UP TO 100-PERCENT OF THE COST OF COLLEGE-ATTENDANCE. WHAT'S MORE, THE NEW "PARENT LOAN" ISN'T JUST AVAILABLE TO PARENTS--BUT ALSO TO ANY CREDITWORTHY INDIVIDUAL WHO WANTS TO HELP FUND A STUDENT'S EDUCATION. IT ALSO CAN BE USED TO FINANCE AN UNDERGRADUATE- OR GRADUATE-EDUCATION--WHICH COULD BE A GAME-CHANGER, FOR SOME FAMILIES. TO LEARN MORE, VISIT "SALLIE-MAE"-DOT-COM-SLASH-"PARENT-LOAN".
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