Student Loans 101 (Financing Your Education 2/4)

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In this video, you'll learn everything you need to know about student loans! We cover the difference between subsidized and unsubsidized loans, the process by which you accept your loans, how deferment and forbearance works, and much more!
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Theses videos are so helpful...wish i would have seen theses in high school...welp now I can help spread awareness for others.

imntjph
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Do a calculation on how much money you would have if you choose not to go to college and work for those four years instead and save every dollar that you earn in those four years and invest it. How much money will you have in 4 years at the time that your friends are graduating college? Now continue the calculation with you adding to that investment for the next 20 years while your college graduate friends are making that same payment to pay off their student loans. At the end of the entire 24 years you will see that the 42 year old college graduate just finished paying off their debt and is now ready to start investing starting with $0 accumulated so far in their life. Meanwhile the 42 year old high school graduate is a very wealthy person.

tomlaureys
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this is such bull****. not your video, but this entire concept. thanks for the video though

pwettyr