#private-student-loans

#private-student-loans

The financial services company Ascent recently raised $45 million to expand its student lending platform, pointing to the loan caps as a major opportunity. The University of Pennsylvania has announced partnerships with private lenders, Yale's School of Public Health is developing its own loan option and law schools from the University of Kansas to Washington University in St. Louis are already launching institution-backed financing programs.

Student loans aren't to be taken lightly - the hundreds of thousands of dollars prospective lawyers take out for school can set back other milestone life goals like owning a home, having children and buying groceries. For years, relatively low interest loans from the government were a godsend for students that wanted the career opportunities law could unlock but lacked the capital needed to fund their educations.