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David Gaines (Bienen ’83, Weinberg ’84) was the principal euphonium player in the Connecticut all-state band before he came to Northwestern to study music and philosophy. He went on to pursue a master’s in music at American University and a Ph.D. in music at Johns Hopkins University. Gaines took out student loans to pay for.
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March 12, 2021 11:36 AM Brianna McGurran - Forbes Advisor
Posted:
Updated:
March 15, 2021 6:09 AM
Student loans have become one of the primary ways students and their families pay for college. Nearly two-thirds of graduates from public and private nonprofit colleges in 2018 left school with student loan debt, according to the most recent data from The Institute for College Access & Success.
But while student loans can help make college affordable, the amount you borrow now will affect your budget for years after you graduate or leave school. Before you sign a loan agreement, understand not only the total you expect to borrow throughout college, but how much you’ll owe per month in the future.