Student Loans: How the refined college grad handles them
Student loans can make or break graduate life after college. Student loans can be a source of constant worry and strife or seldom thought about. This post will go into what student loans are, how they work and how to manage them.
Four amazing years have come to a close. The books are sold or donated, final grades are in, the beer soaked rug is removed from the fraternity house and the first job is already lined up. One of the top comments of recent college graduates is: Now I will have Money! No more Ramen and Milwaukee’s Best Light (Ice for the real men). Now it will be all about Miller lite and steak (a ton of steak). There is one thing the typical college graduate is not thinking about that can come back to haunt them. Six months from graduation student loan bills will start arriving (if not enrolled in a graduate program). These are some of the most important bills a college graduate will have.
The refined grad knows there are two main types of student loans private and federal. These loans are structured in similar ways and have similar payment terms. They are VASTLY different in the interest rates they hold though.
