About 70% of high school seniors say they know “literally nothing” about student loan payments or refinancing services. The insight comes from a survey by NextGenVest.com, who says the results are “alarming” but not “entirely surprising” due to the complex nature of financial packages—which 45% of students say are more stressful than standardized tests. The help they’re offered is limited, with only 31% indicating that their schools hosted any type of financial aid workshop, scholarship session, or parent night on the student loan process. (Forbes)
