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The best education loan available is the federal Stafford Loan. There are two types of Stafford loans: subsidized and unsubsidized. You can find out more about Stafford loans and why you should use federal student loans in this previous college blog post of mine:
Types of Dept of Education Loans. Department of Education student loans include a wide array of loan programs. Federal Stafford loans, Perkins and Plus loans are some of the funds offered by the Department Education loan programs. The rate of interest in these loan programs is fixed.