1 in 8 ISU students do not know debt load - KWWL - Eastern Iowa Breaking News, Weather, Closings

1 in 8 ISU students do not know debt load

Posted:
AMES (KWWL) -

A financial literacy study shows, some Iowa State students do not realize how much they will have to pay back to the college after they graduate.

Out of the 800 students survey, one in eight admitted this.

The study also found that nearly 40 percent of ISU students underestimated the amount of student loans they owed.

Researchers tell the Des Moines Register this shows a need for financial counseling.

Powered by Frankly