Understanding Your Student Loans - The Sedalia Democrat: Money & Finance

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Understanding Your Student Loans

Posted: Wednesday, December 26, 2012 5:44 am | Updated: 2:35 am, Fri Dec 28, 2012.

(NAPSI)—College may be costly but it tends to pay off in the end. The Bureau of Labor Statistics says workers with a bachelor’s degree earn 65 percent more, on average, than those with just a high school diploma. As for the cost, taking five steps can help make student loan repayment simpler.

1. Use your grace period to get organized for repayment. Federal and most private loans come with a six-month grace period that begins when you graduate or exit school.

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