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What you need to know about student loans for college

The fall semester of college is just around the corner and applying for student loans may be on your to-do list. But in the flurry of filing paperwork are you thinking about how the student loan repayment will affect you in the future? Probably not.

It's important to read the fine print when filing for student loans. (Credit: Collegescholarships.org)

It’s important to read the fine print when filing for student loans. (Credit: Collegescholarships.org)

By the time you graduate your student loan balance may be pretty large. It’s going to take a student loan calculator to help you figure out what you can afford to pay and how long to pay off the loan. Here are a few things you need to know about student loans and how it affects your life. Read more