Student Loan Counseling

It’s back to school time, and lots of new freshman are getting a crash course in their Stafford college loan. I admit that I didn’t know squat about my student loans until I graduated and had Stafford loan counseling that taught me all about repayment and the consequences of missing a payment. I think colleges and loan companies should considering offering loan counseling before students sign on the bottom line, so they know exactly what they are getting in to and how valuable their education is. It might stop a lot of Thursday-Saturday party weekends if students knew how much their psychology 101 class is really costing them.

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