Short means less, long means more.
When it comes to repaying your loan, the general consensus goes – the shorter it is the bigger the repayments (but less interest) and the longer the loan the smaller the repayments (but more interest).
With any type of loan, what you choose to do and your loan term depends on how much you can handle. A loan should not worry you, we know debt is a scary word, but our repayments are friendly and we know the easiest thing to think about when considering a loan.
A great rule of thumb is not to borrow more than you can realistically handle.
They aren’t a scam – well at least not ours. When applying for a student loan, make sure you check that the company has a current licence (an ACL). If they don’t, then don’t borrow with them, this is the easiest way to avoid a scammer! At Study Loans our ACL is on the bottom of every page, so rest assured we are here for you and not for us.
Always have a plan.
Having said all of this – student loans are not to be taken lightly – do your research and make sure you know what you are about to take on. If you are well prepared and well researched, loans are super simple to stay on top of and an easy way to afford your dreams!
According to The Guardian, a Swedish MRI study found that learning a foreign language produced very tangible results in the brain. The results showed that the areas of the brain associated with learning language seemed to grow and improve.
Any type of education is fantastic for your health. It can add to your wisdom AND add value and prosperity to your career.
Scientists have also found a correlation between years spent in education and lower lifetime blood pressure. High blood pressure is one of the main underlying causes of heart disease – the trend emerged from data on nearly 4,000 men and women taking part in a major US health study spanning 30 years.
Education is key to slowing brain ageing – the more you know the more you stretch your brain’s capacity for learning.
People with higher levels of education and those who continue to be involved in activities that stimulate the mind undergo less mental ageing.
Keeping your mind active keeps arterial ageing, immune ageing, and even accidents in check and has a RealAge benefit of making you 1.3 years younger.
Education impacts on health in two ways; firstly through teaching that enables children to learn specifically about health (often known as skills-based health education) and secondly through the educational process as a whole which provides skills such as critical thinking and making choices that enable children to opt for healthy lifestyles
Education can create opportunities for better health. These can be income/resources – social/psychological benefits – healthy behaviour – healthier neighbourhoods
There is substantive evidence to suggest that education has direct impacts on features of the individual that have direct benefits for health as well as supporting individuals in moderating the impacts of the contexts they inhabit.
For example, there is good evidence that beliefs about health being influenced by socio-demographic factors including education.
Get learning – and let us help you!