A day after President Trump announced a federal grant freeze, the U.S. Department of Education confirmed that student loans and Pell Grants remain unaffected.

The question that’s left is what to do you do with all your cold, hard cash? It’s simple: spend it.

"Good information on the total debt taken on by students and their families can protect prospective students from predatory private-lending practices and offer a clearer picture of what their total debt will most likely look like by graduation."