Your education can be one of the biggest investments you’ll ever make. So whether you’re thinking of going back to get more education or one of your children will be ready to start college or university in the next few years, it’s important to know everything you can about student loans.
Student loans can be great if you can’t afford to pay for school. They can also put you into massive debt if you aren’t careful, though. I’ll cover the following topics:
- The basics of government student loans.
- The basics of private student loans and other options for paying for higher education.
- What you need to know about paying your student loans back.
- What you need to know if you can’t afford to pay your student loans back.
Being able to pay back your student loans in a timely manner will have a critical impact on your or your child’s overall financial success in life. So it’s very important for you to be clear on exactly what you (or your child!) are agreeing to when they take out student loans!
