JimmyMemesOof ouch owie
ColdWaterCan someone explain to me as a non American, what is the student loan? Is it college fee? In my country it’s only costed 300-1500$ a year unless you take extra classes then it’ll cost a bit more
It’s a loan like any other loan to help with or completely cover the cost of attending college/university. The main difference is that there are certain regulations that lenders are supposed to follow. Loans are needed because there are schools that are tens to hundreds of thousands of dollars per semester and it’s all but impossible to pay for out of pocket for the vast majority of students.