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I didn't know anything about my loans, and only had a ballpark knowledge of the cost of college. And it was fine--I paid off my loans after graduation relative
by IvyMike 11y ago
I didn't know anything about my loans, and only had a ballpark knowledge of the cost of college. And it was fine--I paid off my loans after graduation relatively quickly and with little fuss.
Of course this was because I went to college 24 years ago (dear god I'm getting old). College was far more affordable, and the loan conditions were more humane.
The landscape has changed dramatically. At least part of the problem is parents in my age group not realizing that their children's loans are far more onerous than their own loans were, and failing to give them adequate scrutiny.