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Also, look for interest capitalization, which occurs when the lender adds unpaid interest to the principal of your student loan. As a result, the loan balance grows faster. 3.
There’s no universal “right” answer for what to do with $50K — rather, the best options depend on your debts, budget and long-term goals. See the 5 best ways to invest and grow your money.
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A new batch of high school graduates will be entering college this fall, excited about their new journey but potentially worried about how they will pay for it. And those fears are justified.
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The Federal Reserve’s actions can influence student loan interest rates.
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