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Concept
Student Loan Programs
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Summary
Student Loan Programs
are
Financial aid mechanisms
designed to help students pay for
Post-secondary education expenses
, including tuition, books, and
Living costs
. These programs can be government-sponsored or private, often requiring
Repayment with interest
after the student completes their education or leaves school.
Concepts
Financial Aid
Interest Rates
Loan Repayment
Federal Student Loans
Private Student Loans
Subsidized Loans
Unsubsidized Loans
Loan Forgiveness
Income-Driven Repayment Plans
Credit Score
Higher Education Act
Relevant Degrees
Higher Education and Academic Study 60%
Labor Market 40%
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