Differentiate between Graduate Vs Undergraduate Student Loans
Graduate school students are borrowing more money than undergraduate students out of the $1.5 trillion in student loan debt in the United States.
student loans
What are the Pros and Cons of Income-Driven Repayment Program in Graduate Program?
For certain federal student loan holders, income driven repayment programs are payment options. As the name implies, your monthly payment is dependent on your salary and family size if you enroll in an Income-Driven Repayment plan. On an income-driven loan plan, the annual contribution would be smaller than the regular repayment plan. For borrowers with little to no wages, the payment may also be zero. There are many positives of income-driven installment schemes, but there are some pitfalls to remember.
What is an Income Sharing Agreement (ISA)? Is it Good to take ISA as a Graduate Student?
Income Sharing Agreements(ISAs) have gained recognition as an alternative to student loans to finance higher education spending.
An income share agreement, or ISA, includes education financing that you reimburse depending on your projected wage. ISAs are not grants for students, nor can you use them instead of government loans for master studies.
