Federal loans aren't really all that bad. You don't start paying them back until after you graduate and then at that time you have a 6 month grace period. Once you do go into repayment they make the amounts are very reasonable. I know of student's with over $70,000 in federal loan debt and their payments are less than $300 a month. Don't stress out too much about things now. I would suggest talking to your financial aid office to see if there is any help they can give you. ------
|