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I took the Scared Straight approach with my daughter. 1. On-line loan repayment calculators showing you're monthly payment for years. 2. Youtube videos under
by ourmandave 10y ago
I took the Scared Straight approach with my daughter.
1. On-line loan repayment calculators showing you're monthly payment for years.
2. Youtube videos under the search "I majored in debt".
3. The FAQ on the loan servicer's website; or "Where's all this interest coming from?!"
http://www.studentloan.org/about-us/frequently-asked-questions.aspx http://www.studentloan.org/about-us/frequently-asked-questio...
- cableshaft 10y agoGood approach. It won't sink in unless they see how it has already affected other people. Did she decide to be more modest in her college ambitions after that?