How to Prepare Yourself for Taking Out Student Loans

Would you run a marathon without training, or perform in a Broadway show without learning your lines? No one with an ounce of sense would. Yet millions of us have taken out student loans without preparation. We graduate from college, then act surprised about the amount of debt we've taken on.

The entire process is backwards. Yet ironically, we must work backwards in order to properly prepare. The best time to get your financial ducks in a row is months (or years) before you plan to enroll. Do not commit yourself to a student loan until you've asked yourself the following questions.

Image source: Getty Images

Source Fool.com