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Everything About Student Loans You Should Know Incl PSLF

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Synopsis

Getting a handle on your student loans is SUPER important. In this episode, we do a deep dive into some of the terms and concepts you should be familiar with.   [1:53] There are TONS of different loans when it comes to student loans - public, private, subsidized, unsubsidized etc   [2:34] What is the difference between subsidized vs unsubsidized loans? It depends whether you’re doing a graduate or postgraduate degree The government will pay your loan’s interest while you’re in an undergraduate degree While you are studying for your postgraduate degree - you are being charged interest on your loans.   [4:29] Chatting about the difference between private and public loans Private through a bank or another financial institution - your credit will be pulled, exactly the same as buying a car. There are a lot more restrictions on the loans such as qualifying for public service loan forgiveness (PSLF) PSLF actually isn’t that hard to follow as long as you are eligible The reason so few people get it is they don’