What is all the Fuss about paying back Student Loans? (By: Andres S.)

How to pay back student loans?

  • The student loan debt in the U.S. sits at more than $1.3 trillion.
  • The debt grows at of $2,726 every second of every day Investopedia
  • If the employee’s total student loan debt is $35,000 at 6% interest for 10 years, the employer’s contribution cuts 2.5 years off the repayment period, making it 7.5 years.” Sorted.org
  • Before taking a loan, it is important to know which ones are subsidized and which ones are unsubsidized. How to Adult
  • Stafford Loans are loans offered directly to students. These loans can either be subsidized or unsubsidized. Subsidized loans are loans that you do not have to pay any interest on, on the other hand unsubsidized loans require you to pay interest. How to Adult
  • Perkin loans differ from Stafford loans in the sense that they are offered for both undergraduate and graduate students. They are based on financial need and they are financed by the school. Sorted.org

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