A post and video from LendEDU:
At LendEDU we take pride in creating awesome tools and resources for student loan borrowers. Since starting LendEDU almost 17 months ago, we’ve found that students, parents, and graduates struggle to understand the financial aid and student loan process. And, we’ve learned that most student loan borrowers underestimate the severity of their debt until after graduation. Earlier this month we decided to survey college students at a nearby college to see how much they knew about their student loan debt. Over the course of a couple days of surveying we confirmed our suspicions. Most of our nation’s current college students don’t understand their student loans or the financial aid process. With permission, we filmed some of our respondents while we asked them a series of questions related to their student loan debt.