Sunday, November 9, 2014
Timely College Financial Planning Will Help Avoid Heavy Student Debts
Student loans are some of the most persistent debts in existence. Private loan interests start to accrue upon disbursement of funds, while interest for federal loans start six months after graduation. In later years, many people find themselves choosing between paying off their debts and saving up for retirement. Given the long term ramifications of student loans, careful planning for college funding is very important. College financial planning experts like John McDonough of Studemont Group College Funding Solutions, LLC can help parents come up with solutions that will be most viable and less of a burden for both themselves and their children in the future.