Borrowing and repaying loans in any context is a complicated process to understand. Borrowing for college is no different; teenagers are expected to weigh numerous—and complex—factors and conduct a sophisticated cost-benefit analysis before deciding whether a particular school is worth the debt. And they are bound by their choice for many years after graduation.
At the Student Loan Ranger, we like to help guide you if we can. The Consumer Finance Protection Bureau (CFPB) and the Department of Education have also been plugging away at deciphering some of the information you may want to look at when considering borrowing for school.
Read the full post at our U.S. News Education Student Loan Ranger blog.