1104: Here’s Everything Parents Should Be Teaching Their Kids About Student Loans by Jeff Rose of Good Financial Cents
Optimal Relationships Daily - Dating, Marriage and Parenting
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The interest rate students pay on hir loans also matters quite a bit. Parents should advise their kids to be pro about their debts if at all possible. Making payments while still in school, even as small as 25 dollars a month, can help save money over the life of the loan. refinancing federal loans with a private lender can mean giving up benefits like deferment forbearance and income driven repayment plans. The bottom line, weighing the pros and cons of refinancing always makes sense.
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