Student Loans: Your Path to Education, Not a Lifetime of Debt
The journey to higher education is exciting, but it often comes with a hefty price tag. Student loans can be a lifeline, but they're also a major financial commitment. At Compassionate Consulting, we believe knowledge is power. Let's break down student loans so you can make informed decisions and avoid common pitfalls. Types of Student Loans Federal Student Loans Direct Subsidized Loans : These loans are available to undergraduate students with financial need. The government pays the interest while you're in school at least half-time, during the six-month grace period after you leave school, and during deferment periods. Learn more about Direct Subsidized Loans from Federal Student Aid . Direct Unsubsidized Loans : Available to both undergraduate and graduate students, these loans are not based on financial need. Interest accrues while you're in school and during grace and deferment periods. More information can be found here . Direct PLUS Loans : These loans are for gr