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Student Loans


Are you worried about the skyrocketing costs of college and financing your education with student loans? If so, you're not alone.

Two out of three college graduates in America leave school with student loan debt-and chances are you're one of them, or you soon will be.

According to the College Board, the total annual cost of attending a public, four year college or university in the 2006-07 school year - including tuition, fees, room and board charges - was $12,796, up 35% over the past five years.

For private schools, the annual price tag to get a college education in 2006-07 was a whopping $30,367. As a result, the typical graduate of a four-year college or university owes nearly $20,000 in student loans, more than double the median student loan debt of $9,250 just a decade ago.


Fortunately, if you're a student, there are some things you can do to help yourself out of a student loan dilemma, as well as assist future classes of college graduates who, if things remain the same, will have it even worse than you do.

Click below for the seven golden rules for student borrowers.

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