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You've probably seen dozens of advertisements for different kinds of degree programs. The important thing is to do the research so you will know what to expect before you sign up for any one of them. Your goal should be to borrow sensibly for the educational program that will be best for you. For example, since you’re returning to school you might decide to take a different route to your degree such as attending a community college first to complete your lower-level course requirements. While this can be an excellent option just make sure that your credits will transfer.
There are also a huge variety of online programs and for-profit colleges available but again be sure to do your research before you sign up for any of these. You should be especially careful in the case of for-profit schools. As an example of why this is true, the federal government recently forced Corinthian College to shut down 97 of its US campuses by withholding access to any more federal money. The school was in trouble financially plus the government thought its ads and claims were misleading. The Department of Education has also targeted schools such as ITT Technical College and the Art Institutes chain.
4. Know it's possible to get federal loans cancelled
As noted above another benefit of a federal student loan is that it’s possible you could get it canceled. In fact all of your federal loans will be canceled if you become totally and permanently disabled. You may also be eligible to have your loans canceled or discharged if the school falsely certified that you would be eligible to receive the loan based on your ability to benefit from its training or if it signed your name on a promissory note or application without your authorization. You could also have your federal loan canceled if the school certified your eligibility but due to a mental or physical condition, age, criminal record or other reason you would be disqualified from employment in the occupation in which you were being trained. And you might be able to get your Direct Loans or FFEL Program loans canceled if you withdrew from a school but it didn't pay a refund that it owed to the lender or to the US Department of Education.