Bank Student Loans: Compare Rates, Pros and Cons

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February 21, 2025 – In an article for Credible about the pros and cons of bank student loans, Stacey MacPhetres, senior director of education finance for EdAssist by Bright Horizons shares her thoughts on the topic.

“It's worthwhile to do a comparison between the rates, fees, and repayment terms of both programs,” adds Stacey MacPhetres, senior director of education finance for EdAssist by Bright Horizons.

“When considering if a student should borrow their federal student loans first, they should compare their overall costs over the life of the loan to the private loans they are considering,” says MacPhetres.

Read the full article here