With tuition rates and other college costs rising every year, many parents struggle to finance their children’s college education. As a result, many students take on debt or forgo post-secondary education altogether. Professor Linda Herrera in the Department of Education Policy, Organization & Leadership discussed with wallethub.com the most common mistakes people make when financing their postsecondary education.
"The most common mistake people make is to think about student loans as 'easy' money; they are not!" Herrera said. "Student debt weighs on students and, oftentimes, their families far into the future."
Read more at https://wallethub.com/student-loan-calculator/#Linda-Herrera (scroll down to see the Q&A with Herrera).
