Whether you’re a student or the generous parent of a student, student loans can be tricky things to deal with. It’s a huge and often very necessary investment. Fortunately, Your AAA is here to help with information on student lending.
Here, you can learn about the average student debt, but you can also learn tips on how to recover from it. Seven out of ten college students graduate with debt, and that debt averages around $30,000 each. In the northeast, a hotspot for elite American universities, that debt is often even higher.
You can also see if you qualify for student loan forgiveness, and how factors like your job, your location and your payment plan can affect that. Read about the pros and cons of grad school to see if you want to continue your schooling after you get your bachelor’s degree.