How Student Loans Work
Summary: Don’t know how student loans work? This easy-to-understand video explains it in under 5 minutes.
Video: 4 minutes, 40 seconds
Who this is for: Juniors, Seniors and Parents
Student loans may seem complicated, but like all loans, they’re really built on three basic factors. And they’re not hard to learn at all. But they can have a big impact on how much your loan winds up costing you.
Watch the video below to see how three key elements – your interest rate, your payback time and your total amount borrowed – all come together to determine just how much you'll owe.
Míralo en YouTube para elegir subtítulos en español
Don’t know how student loans work? This easy-to-understand video explains it in just 4 minutes.