Interest rates are going up on federal student loans. Financial professional Nick Foulks talked with KSTP about 4 things borrowers should consider before taking out loans.

1. Calculate the Cost of College

2. Estimate Your Monthly Payment

3. Know Your Repayment Options

4. Plan for the Future

‍

Click here for a student loan calculator

Click here to learn more about repayment options

Click here for the Repayment Estimator