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K-12 Student Loan from Wells Fargo

Parents can take out between $1,000 and $25,000 a year to offset the costs of private school education, including tuition, room and board or other education-related expenses. Rates, however, are variable and will change with interest rate environment. But setting up a direct withdrawal from your bank account and paying on time for four years can help to lower you rate by 1%.

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