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A quarter of students say they don't understand student loans: RBC
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A quarter of students say they don't understand student loans: RBC
More than half (57%) of students are using or plan to use financial aid to fund their education, but only 28% say they’re confident they know how long it’ll take to pay off, according to poll results RBC released Tuesday. In addition, a quarter reported low confidence in understanding how student loans work and only 30% said they knew the difference between student loans, student lines of credit and credit cards. Students are at risk of making m…
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