Understanding Your Options for College Loans

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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