I have a Daughter at BYU, I've done everything I can to try and not have her or us, take out student loans for her undergrad education. Being that BYU is fairly reasonable, I didn't think this would be an issue at all, with our current financial situation and having her work to contribute to her expenses as well.

Well fast forward a couple of years, and we are now in a situation where many find themselves with some credit card debt due to: Inflation, as well as some other circumstances (medical bills, me getting new job....which is a private contractor situation as a medical professional, which I now get paid 30 to 60 days later than I did as an employee, and other unexpected cirumstances). Its almost embarrassing, as I have been pretty good about spending within my means, paying things off on time or sooner, etc...

The anxiety of the CC is really weighing heavy on me as well, and I don't like it, I HATE paying interest and fees to "borrow money".

So I am starting to think that maybe it would be better to take out a Student loan (better rates, longer pay off, etc...). I know there are Federal loans, and then there are private loans as well as student loans through your own bank. Federal loans, of course would be the best in every way.

Im a little new to this, so any advice is sincerely appreciated.