Sunday, May 13, 2012

A Study Guide for Student Loans

Student loans have been in the headlines lately with talk about interest rates and loan structures.  The video below from Morningstar gives a good overview of the types of student loans available.

One of the gleaming points that I found from the video is that a good rule of thumb with student loans is that your total debt should be less than your expected starting salary.  With the data that I have been seeing I don't think that many student are heading this advice.

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