Read this guide to learn how to maximize financial aid, pick a student loan with the best terms, and discover U.S. News' picks for the best private student loans., Our experts' picks for the best private student loans include Ascent, SoFi and more. Compare top lenders to find the right option for you., Your private loan interest rate and monthly payment could change with little warning, and you will have fewer options for when and how much you repay. However, private loans may be a reasonable option for some borrowers, especially if you have strong credit history., , , .