Do Students Have to Pay Back Financial Aid?
Experts suggest students max out grants and scholarships before turning to loans. But for many families, those options aren’t enough. Data from U.S. News shows that 66% of 2017 graduates took out loans, borrowing nearly $30,000 on average. With national student loan debt hitting around $1.5 trillion, Marty Somero, financial aid director at the University … Read more