Real Budgeter Stories: What I Wish I’d Known About Student Loans

Real Budgeter Stories: What I Wish I’d Known About Student Loans

We all agree that education is important, but student loan debt in the United States recently topped $1.4 trillion. Yes, you read that right. Not million. Not billion. Trillion. That’s enough zeros to make your head spin!

And the worst part is that most students (and their parents) don’t know what they’re really getting into when they sign on the dotted line. We asked EveryDollar budgeters to share what they wish they had known about student loans before agreeing to take them on. Here’s what they said:

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Happy student

How to Get Rid of Student Loans

Do you remember walking to your first college class? The buildings in front of you held so much potential—the opportunity to learn new things, meet new people, and grow in knowledge of yourself and your chosen major.

Four years later (or so . . . ahem) you graduated.

And as you walked across the stage, posed for a picture, and looked out over a room of applause you no doubt experienced a familiar excitement for the future. Only this time you weren’t limited to just your campus. You could do whatever you wanted to do and go wherever you wanted to go!

The world was yours for the taking! That is, of course, until you got your first student loan bill.

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