There is a period in your life when you are bombarded with poofy white dresses and tuxedos. It’s called your mid-20s. I’m there. I went to seven weddings this year, and a throng of my friends are getting engaged.
Weddings are fabulous (albeit right now they are getting a little tiresome). They are some of the best celebrations to attend. The declaration of love, nice dinner, and shakin’ your groove thing—I’d go for some of that action anytime. But the party comes after much planning—unless you go to Vegas , that is!
Needless to say, I’ve thought a lot about the wedding hoopla this year. And I think students might be able to learn something from the meticulous planning of the bride and groom—well, mostly the bride
Loans and weddings, they’re kind of alike. Yeah, yeah I know, but hear me out.
The road to both starts with an exciting event—an engagement and high school graduation. You celebrate for a little bit, but then the hard work starts. Just like the bride-to-be searches for the perfect cake, perfect dress, and perfect favors, the student-to-be should be searching for the perfect lender, perfect interest rate, and perfect repayment benefits.
Why, you ask? Because just like a wedding—and for that matter, a marriage—a loan is a big commitment. When you consider the 4-5 years in school and around 10 years to repay , that student is entering a long-term relationship with his or her loan.
Tell me: Are you searching around for the perfect butter-cream frosted loan, or are you choosing your loan Vegas style?