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GOP Debates Continue Tormenting Nation, Part 2

423
sattv4u211/23/2011 8:26:00 am PST

re: #417 Cannadian Club Akbar

Please gimme a short version of what I can expect, going back to college in January. I have done all my financial aid stuff done but need to go down to talk to them. (My tuition is only $1600 plus books for Spring)

You have a “bank” with $xxx amount set aside. Each semester you draw from that to pay tuition, books, etc.
Typically, loan payments are due starting 90 days after graduation (but interest accrues fro day 1) OR after you stop going to school (don’t go back for your 3rd semester, lets say)

You can of course make payments prior to graduating, thus saving on the longer term interest due