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Visualizing the Fundamentals of Student Loans, Cause Business-folk Need College Too

Visualizing the Fundamentals of Student Loans, Cause Business-folk Need College Too

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Last updated October 8, 2024

Understanding the importance of higher levels of education can become a frustrating task when coupled with trying to understand the options available to pay for that said importance.

In response, Rasmussen College has just released visual that highlights some of the fundamentals involved with paying for your education. What does it mean when you’re going after a FAFSA loan as opposed to a bank-issued loan? Or the difference between a subsidized and an unsubsidized loan?

Additionally, the graphic shows that based on 2012 data, there are over 37 million student loan borrowers, with more than 23 million of them being over the age of 30. For anyone feeling the pressure of managing and understanding school loans, here’s an overview that should help:

Infographic via Rasmussen College

Jay Leonard

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Jay, an accomplished cryptocurrency authority based in the UK, brings a wealth of knowledge and practical experience in the realm of digital assets, focusing extensively on fundamental analysis and strategic long-term investments. His insights are grounded in a solid educational background with a Bachelor of Science from Michigan State University and a subsequent degree in Business Administration and Management from the prestigious London Business School. With a career that includes a two-year tenure as an Editor for Finance Illustrated and two years as a Content Strategist at Economy Watch, Jay has honed his expertise in the financial sector, particularly in cryptocurrency markets. Jay's authority in the crypto space is well-recognized as he has written for a myriad of respected publications besides Business2Community including Cryptonews.com, Jewish Journal, Economy Watch, and others. His analytical pieces help investors understand the intricate dynamics of cryptocurrencies, shedding light on how institutional participation impacts the broader asset class's future. An avid collector of non-fungible tokens (NFTs), Jay's involvement in the cryptocurrency sphere is both professional and personal. He has been closely following and investing in the burgeoning NFT market both for work and for pleasure. His commitment to the finance community extends beyond writing and investment. At Finance Illustrated, h. This role fortified his commitment to disseminating financial information responsibly, aligning with the stringent requirements of financial reporting and analysis. When he isn't immersed in analyzing cryptocurrency markets or expanding his NFT collection, Jay enjoys engaging with the finance community, sharing his insights and forecasts based on macroeconomic trends, and exploring how they reflect global financial shifts.

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