PENNSYLVANIA, USA — Most kids come out of college with student loans and with the average debt at $30,000, according to U.S. News and World Report, loans can take years to pay off.
It's no secret that there are people out there looking to scam naive, young people out of money they don't have.
This is why in this week's Chick2Chick podcast, Flora Posteraro and Carrie Perry spoke with the Pennsylvania Higher Education Assistance Agency (PHEAA) about things to look out for when applying for and paying off student loans.
The top three red flags to look out for, according to the PHEAA are:
- being pressured to pay upfront fees
- being offered immediate loan forgiveness
- being asked to share personal information
The chicks joined FOX43 on Jan. 24 to discuss borrowing money wisely, and their latest podcast.
To hear more of what the chicks had to say, check out the clip above.
The video podcast can be viewed on Chick2Chick.com and YouTube. It's also available on Facebook, Twitter, Instagram, IGTV as @Chick2ChickUSA, and LinkedIn. The audio podcast can be listened to on Stitcher, Spotify, Podbean, GooglePlay, iTunes, and TuneIn.
New podcasts are posted every Monday morning. You can learn more about Chick2Chick by visiting their website.