Most of our brand new adults of 18 years old are forced to take out student loans if they want to pay for a higher education. Few of these borrowers know about the intricacies of the loans they sign, ...
and fewer still actually read the fine print of their contracts. Couple that with the fact that the government offers so many different types of loans (Perkins, Grad PLUS, Consolidation, Parent PLUS, and Direct loans), and it becomes difficult to expect any of these young adults to fully comprehend what they are getting themselves into.
To help combat that lack of education, loans.org set out to make a simple guide surrounding federal student loans.
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