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What every high school senior must know about student loans

from U.S. News & World Report

No one knows better than recent grads how expensive college is. The college class of 2016 graduated with an average of $37,172 in student loans, says to Mark Kantrowitz, a higher-education expert. They were the most indebted class ever — up 6 percent from the year before. With debt totals climbing each year, it's easy to picture today's high school seniors owing more than $40,000 when they finish college. With another 6 percent increase, we'd almost reach that number this year. That amount of debt can affect you for a long time. But students don't want the financial choices they made in high school to affect them as senior citizens. more


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