Saturday, December 21, 2019

While a top-tier college education can

While a top-tier college education can lead to better job prospects and lifetime earnings overall, some expensive colleges aren’t worth their weight. In that respect, choosing an expensive school on a whim is rarely a good idea – unless you’re going to Harvard, Stanford, M.I.T., or the like, you may not get any extra “bang for your buck.”

Jim Wang from Wallethacks graduated from a top-tier school with more than $30,000 in student loan debt, but realized afterward that his education could have come much cheaper.

“When it comes to college, you don’t have to go to the expensive university and take on massive student loan debt in the process. There are options; make an active decision,” he says.

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Depending on your loan type, your lende

Depending on your loan type, your lender may grant you a grace period after you graduate (or stop attending the college), where you don’t n...