Since it’s now been six months since May college graduates left school, it’s time for them to confront the reality of paying off their student debt. The end of the student loan grace period means that students will start receiving bills from their student loan servicers.
Here’s how to take control of your student debt once your grace period is over — and what you can do before to make it easier.
Not paying your student loans can have some serious consequences, including a lowered credit score and having your wages garnished.
But what if there was a way to avoid paying your student loans with no repercussions?
Actually, there is–if you quality for a student loan forgiveness program.
The good news? The government has finally come to an agreement on student loan interest rates and agreed to lower rates through the 2015 academic year.
The bad news?After 2015, rates would likely climb higher than they were this past spring.