Can I Refinance my Student Loan?
Sally Croft
February 8th, 2010
4 Comments
Many students only recognize the immediate need to source funding for their college tuition and often forget that these loans must be repaid. On average, students who have financed their entire four years of university education for their bachelor’s degree end up owing $60,000 at an interest rate of 6.5%. Additionally, repayment of this loan begins after the six-month grace period has expired irrespective of your employment opportunities. As a result, when hit with loan payments, some students panic and …
