Tag: Repayment Plans

The article details the increasing difficulty of affording higher education, with the average four-year in-state tuition reaching $108,584. Consequently, nearly 60% of undergraduates take out loans, totaling $1.617 trillion nationally. It explains how student loans work, differentiating between federal and private options, highlighting that federal loans offer more favorable terms and protections. The guide outlines the application process (including completing the FAFSA), repayment plans, potential loan forgiveness programs