Life in Fine Print: Understanding Your Student Loan

Thursday, December 17, 2009

All week we've been following the ways in which our lives have become inundated with fine print. For the fourth segment in our series, Takeaway contributor Beth Kobliner, author of "Get a Financial Life: Personal Finance In Your Twenties and Thirties," looks at why more people are defaulting on student loans than ever before and how you can avoid being buried by the fine print.

Click through to read Beth's five points to consider when applying for (or paying down) your student loans.

Contributors:

Beth Kobliner and Jen Poyant

Comments [1]

Gail L Lanning from Boca Raton, Florida

Welcome to WLRN, Miami. Great show on at a perfect time in the am for me. My issue: In May I paid $2,147. to Clayton College for Natural Health, online school in AL. Classes began on June 8th. On or about July 13th the school closed. I, and about 3,000 others, want their money back. What is the back story? After 30 years the school takes the money and runs? I'll bet there are many schools that have closed recently.
Thank you for an intelligent, thoughtful and sometimes witty take on the day's news. Keep up the good work.
Your fan and WLRN Member,
Gail L. Lanning

Jul. 30 2010 11:25 AM

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