Hey Robert,
While student loans are a viable option for many students, several myths and misconceptions can make it difficult to make informed decisions about funding your education. Here are 9 common student loan myths-
You will never be able to pay off your loan You should borrow as much as you can You should always go for a student loan with low-interest rates You will not get a loan if you do not have collateral or a good academic record It is wiser to use personal savings rather than taking a student loan There is no need to worry about the repayment of loans till you graduate Income-driven loan repayment plans lower your debt repayment costs The loan interest rates may keep fluctuating You need to completely follow the advice of a loan service providerDo you need assistance securing a loan? Reach out to our counsellors at- Email- info@ischoolconnect.com Phone +91 9145332283