Whenever you look into taking out any kind of financing, it's important to look at the value of whatever item you're going to purchase with your borrowed money.
If you take out a student loan, a new education is on the horizon, and that's wonderful. Student loans are a feasible and time-tested way to pay for your education over time.
When it comes to traditional higher education, bear in mind the outcome that you look to produce with your degree, certification, or training. Weigh the pros and cons to see if you're going to get a return on your education.
Depending on the quality and cost of your education, student loans can be seen as good debt or bad debt. Skills Fund is shaking this idea up by lending responsibly and only working with skills training programs that provide their students with a return on their education.
Unlike any other lender in the market, if we don't think a student will be able to pay back their student loan in a reasonable time, we won't give them a loan. It's that simple - because why should it be complicated?