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Student Debt = Future Income Spent Today

Know the terms (i.e. repayment, interest rates) and possible consequences of taking student loans for college–essentially bringing future income into the present.

Student Debt Goes Up Image

(FYI: colleges are not obligated to disclose the terms of the loan BEFORE accepting them as part of a student aid package.  Students MUST ASK.  Also, students are not forced to accept student loans; each item on a student aid award letter must be approved separately.)