A discussion of the impact of student loan interest capitalization on loan payments and total cost, and how to use a student loan calculator to estimate the effect of capitalization.
The Burden of Student Loan Debt For many students, taking out student loans is a necessary step towards financing their education. However, with the rising cost of tuition and the accumulation of interest over time, student loan debt has become a significant financial burden for many individuals. One factor that contributes to the total cost…