Are you keeping track of how much you borrow?

As college seniors prepare to graduate and attend financial aid exit interviews, SimpleTuitionwould like to remind students not graduating to take stock of their financial situation at the end of this and every school year. We’ve heard from recent graduates that were both shocked and nervous upon seeing the entire amount they’d actually borrowed and have to repay.

How to Manage Your Student Loan Debt

Currently, two-thirds of college students take out student loans and the average debt at graduation is $23,000. Most college students say the debt doesn’t seem real until they graduate.

 

Paying for the Second Year