Student loans are complicated. And, unfortunately, most freshly-minted freshmen sign those promissory notes without having a clue about student loans (let alone know what a promissory note is).
Before you sign on the dotted line, take time to understand your student loan options. And be sure youre making the best choices.
1. Assuming you need them
Yes, about 60% of students borrow annually to cover their college costs, according to the Chronicle of Higher Education. But that means that 40% dont.