If possible, paying just the interest on your loans each month while you’re still in school is one of the most underused ways to graduate with meaningfully less student debt — not because it eliminates the loan, but because of how unpaid interest gets handled once repayment begins.
First, know which loans this actually applies to
As covered in the federal vs. private loans post earlier in this series, not all loans accrue interest the same way while you’re enrolled:
Continue reading “Pay Off Student Loan Interest While in School: Why It Matters”