Not only can borrowers receive a lower interest rate if approved, they may also be able to adjust their repayment terms to better fit their financial situations. (lendedu.com)
Instead of a few payment terms to choose from, borrowers can pick whatever term fits their financial situation following graduation; additionally, this choice directly affects the size of monthly payments. (studentloans.net)
An investment in a target date portfolio does not eliminate the need for investors to decide — before investing and periodically thereafter — whether the portfolio fits their financial situation. (us.dimensional.com)