Know Before You Owe for college

The Consumer Financial Protection Bureau is seeking feedback on a Know Before You Owe site for student loans.

Before students borrow, they should understand the costs and risks of the loans they will use to help pay for the school of their choice.

Financial aid offers can be difficult to understand and compare. The Department of Education plans to publish a model financial aid letter that will help students evaluate their options.

You can look at CFPB’s “thought-starter” for the new form and express your ideas for improving financial aid information.

 


POSTED BY Joanne Jacobs ON October 30, 2011

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Know Before You Owe — Joanne Jacobs

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