Many people have a wish to study in good schools or collages and receive a high class education. But they could not fulfill their desire due to monetary problems. Having a good classy education costs a lost. They are looking for ways which can make their dream come true. Many of the students appear in examinations which will provide them scholarships. But all does not have the same talent to clarify such complicated exams, only a few of them are so lucky. Student loan is seen as another alternative by the poor or middle class students. But getting the student loan is not so easy for all people. Government loans cause problems to the students if the entire educational cost is not covered by it. In such situations, students are forced to go for private loans. On being a regular student, it is most probably that the student has either bad credit or no credit and in such cases private loans needs a cosigner. The one and only solution to this problem is private student loans without cosigner.