The Federal Family Education Loan (FFEL) program, a significant chapter in the history of student financing, played a crucial role in helping millions access higher education. Understanding its intricacies, from eligibility requirements to repayment options, is vital for anyone navigating the complexities of student loan debt, even though the program itself is no longer active. This guide delves into the key aspects of FFEL program student loans, providing valuable insights for past and present borrowers alike. We’ll explore the program’s history, the various loan types offered, and the key players involved. Furthermore, we’ll compare FFEL loans with the current Direct Read More …