Do you know how interest is calculated on student loans? Is your student borrowing student loan debt and you want to know how student loan interest works? This video will explain exactly how it is calculated, including how it differs based on the type of student loans your student receives (or you co-sign for).
00:00 Intro
01:22 What is Interest?
01:55 Current Interest Rate for Undergraduates
studentaid.gov/understand-aid/types/loans/interest-rates
03:03 Key Terms to Know
05:11 How to Calculate Loan Interest
06:45 Calculating Accumulating Interest
08:48 Capitalization
09:25 Student Loan Calculator
smartasset.com/student-loans/student-loan-calculator
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