Understanding Your Options for College Loans


There’s no question that college is expensive. Though parents may wish to help their children by footing the bill for tuition, it’s not always feasible to save enough to cover everything – especially if you have multiple children.

Instead, many students and parents turn to loans to help make up the difference. But throughout the course of a college career, that can really add up.

According to a survey by Lendedu.com, the average amount owed by college graduates is about $30,000. All in all, outstanding student loan debt in the United States totals about $1.2 trillion. Read more