Is front-end interest a pupil loan rip-off?

Is front-end interest a pupil loan rip-off?

We would claim that the celebrity Tribune commentary on education loan financial obligation completely shows why courses on individual finance is probably not a bad concept in senior school.

Bill Boegeman, a social studies instructor, had been astonished to learn just just exactly exactly how small principal has been paid down after per year of having to pay their education loan.

Here’s the part that basically makes me personally angry: For one year, i’ve been making education loan payments of just over $500 30 days. Continue reading “Is front-end interest a pupil loan rip-off?”