I recently contributed some information about my experience with student loans (and what I wish I’d known before having to pay them back) for an article on Studentloanhero.com. I have four college degrees and a whole lot of debt to show for it, and while I don’t regret getting a good education I do wish I’d understood the ins and outs of this type of lending before signing away.
The article is entitled “What These Grads Wish They’d Known About Student Loans Before It Was Time to Pay Them Back” by Susan Taylor and it has 4 tips from former loan borrowers:
- Know what you owe
- Don’t forget to factor in interest
- Interest accrues even during deferment
- One missed payment can cost you big bucks