Welcome to Consumer Reports Advocacy

For 85 years CR has worked for laws and policies that put consumers first. Learn more about CR’s work with policymakers, companies, and consumers to help build a fair and just marketplace at TrustCR.org

How to Choose a Private Student Loan

Tip Sheet: Use private student loans to pay your college costs only after you have exhausted your federal loans. Federal loans are less expensive than private loans. The most common federal loan is a Stafford loan, and it has a fixed interest rate of 6.8%. Nearly everyone is eligible.