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Message
re: Student Loan payments restarting
Posted on 8/9/23 at 10:44 am to Dawgfanman
Posted on 8/9/23 at 10:44 am to Dawgfanman
quote:
This isn’t true. To obtain a federal direct loan (subsidized or unsubsidized) students are explicitly told about how interest will be calculated and when it will apply. They watch a video
I can tell you anecdotally this is not true. Or atleast it wasnt 10 years ago. I know. I have loans I’m paying and I was encouraged to take out the max because it’s basically free money and I don’t have to pay until after I graduate. That was the extent of my consultation. No video. No explanation of payments plans or interest or anything
This post was edited on 8/9/23 at 10:55 am
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