At first glance, a loan might seem like an awesome way to get a huge sum of money to spend however you want. But don’t forget—you will have to pay this money back eventually. The interest on a large loan will add up very quickly as well.
When on the hunt for the perfect international student loan—a good place to start is determining how much you need and how much you can afford. This will help make sure that you don’t take out too much which could be a very expensive mistake.
This is not meant to discourage you but simply to make you aware. Don’t forget, the idea of student loans is that the education you are seeking will make paying these loans off both possible and well worth it in the long run!