Understanding Loans - College Money Matters

Loans: The good, the bad and the ugly

You’re going to college to invest in your future: the life you’ll lead after graduation. And for nearly 60% of all students who go to college, that investment means taking out a student loan.

Now here’s the thing: when you take out a loan, you always have to pay back more than what you borrowed. And that can create problems. This section is all about helping you learn to manage your loans, so you can take control of your financial situation – and keep it from controlling you.