A graduate student explains how loans cover what stipends don't, from tuition to rent, with repayment starting six months after you leave school. He warns against betting on forgiveness and suggests planning to repay over decades.
Chapters
There's also student loans. Student loans are a way many, many, many, many people make it through graduate school because stipends just don't provide everything. Student loans are great. You can get good amount of money. It can help you buy your books or pay for your rent and pay any tuition extra you might need and, and live and eat and do all those things you might want to do every once in a while. But you gotta pay them back. You don't pay them back while you're in school, but once you've been out 6 months, they start to come back and you have to pay them. And there's been all kinds of controversy controversy as of late as to whether student loans should be eliminated or you should be let go of your student loans. Just assume right now, if you take a student loan, you're going to have to pay it, and you're going to have to pay it a long time. Join our free dissertation help community and we'll provide as much support as possible.