Do Student Loans Charge Interest While You're In School?
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Do Student Loans Charge Interest While You're In School?
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While you're in school, do student loans start charging interest? The quick answer is, it depends. Listen in on this episode to find out the difference between a subsidized loan and an unsubsidized loan, and the important details of each! There are certain nuances within these loans that will help answer the question if your student loans charge interest while in school. The last thing we want is for you to be surprised by a student loan balance after you graduate, especially if a little attention to detail could be the difference between thousands or even tens of thousands of dollars. Adam and Nick also cover max deductions for student loan interest as well as deferral and grace periods. If you couldn't tell, this episode addresses a very specific question and the information is invaluable!