Category Archives: Education

Student Loans – Decades of Debt

Student Loan Repayment
Average $27,000 student loan @ 3.9% repayment plan with average $52,000 per year US household income.

Student loans are a very common way to help pay for college. Most students will apply for grants and scholarships, but even if they get them, they’ll have to supplement the rest of tuition with student loans.  They’ll be getting a loan that will help with getting their college degree, which will land them a great job, then they can repay their loan and begin their great independent life.  Sadly this is not what normally happens.

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