I’ve got good news and bad news. The bad news is that the cost of higher-level education, including college and medical school, is becoming more expensive. The good news is that this video will cover everything you need to know to better manage those pain-in-the-butt student loans. I’ll show you the strategies I used to save hundreds of thousands of dollars myself.

What are Student Loans?

1. They must be used for education and associated living expenses
2. Their rates are pretty bad, usually 5-10% interest
3. They are discharged only in the event of death or total disability, but not bankruptcy

There are two main categories of student loans: Federal Loans (also called Direct Loans) and Private Loans.Continue reading→