3 Comments Already

February 11th, 2009 @6:18 am  

If a student can’t find a job, he can get a deferral on the loan. This will allow the student to delay the expense of paying back the loan. You can also stretch out the loan term.

February 11th, 2009 @12:59 pm  

Thank you for these tips, especially how you should consolidate during the grace period to avoid higher interest rates. I have found I have greatly reduced my debt by paying off the interest accumulated while I’m still in school. I am continuing to do this as much as I can afford and it is working out well.

Johanne Said,
February 19th, 2009 @7:53 am  

Nice explanation on how student loan consolidation works. I’m sure many would be graduates will find this useful.

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