What You Need to Know About Student Loans
In the last ten years, the total student loan debt in America went from $579 billion to over $1.521 trillion. As tuition continues to skyrocket, students and parents are taking out more and more loans to help finance college costs.
7 in 10 college graduates have student loans. But having a smart lending strategy can save you thousands in interest and fees.
Before you or your child takes on any debt to pay for college, you should have an understanding of how these loans work, including types of loans, repayment options, interest rates, and more.
In this ebook, you will learn what you need to know about taking out student loans, including:
- Types of Federal loans available
- Interest rates for Federal student loans
- How much you can borrow
- Tips for repayment
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