Student Loan Facts They Wish They Had Known
Posted by Ron Lieber on May 1, 2015.
The problem with a lot of the advice that teenagers and their families get about higher education debt is that it’s totally, utterly bloodless.
The federal Department of Education takes its shot in its role as the de facto provider of advice to people borrowing their first federal student loans and repaying them. That counseling is mandatory for borrowers, but because the topic is dense and the department’s content is devoid of anecdotes, it’s tough to make the lessons stick.
Read the full article on The New York Times.