With the increased focus on student loan repayment rates and gainful employment, it’s more important than ever that schools take an active role in ensuring their students are prepared for not only the academic responsibilities of higher ed, but the financial ones as well.
Traditionally, lenders don’t help students create a monthly budget that includes their repayment obligations, and loan amortization schedules can be just a blur of numbers that don’t reveal the true impact of interest and lengthy repayment plans. Read more about Reduce Student Loan Defaults Through Education