Student loan debt is one of the prevalent issues when it comes to higher education. Despite their best efforts, a great percentage of students still graduate from college with an average debt of $30,000. However, parents can help their kids graduate debt-free with these simple strategies.
Educate Them Financially
In a National Financial Capability Study conducted by FINRA, nearly two-thirds of Americans could not pass even a basic financial test. This shows the state of financial education in America. Instead of waiting for schools to teach your children financial education, parents should take responsibility in teaching their kids how to handle money. Furthermore, you can teach them about loans and debts by offering them…
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