Invest in Yourself, Not the Bank

Student loans can be a bridge to a better future or a shackle that holds you back for decades. It is a powerful tool, but if not handled with precision, the banks (and servicers) win while you pay thousands in unnecessary interest. Understand the terms, maximize federal aid, and borrow only what you absolutely need.

Key Student Loan Terms

Subsidized Loans

Federal loans where the government pays the interest while you are in school. These are the "gold standard" of loans.

Unsubsidized Loans

Federal loans where interest starts accruing the moment the money is disbursed, even while you are in class.

Grace Period

The time (usually 6 months) after graduation before you must start making payments. Note: Interest may still accrue during this time.

Loan Servicer

The private company that handles the billing for your federal loans. They work for the government, but they often make mistakes.

MPN (Master Promissory Note)

The legal document you sign promising to repay your loan and any accrued interest and fees.

Deferment / Forbearance

Temporary pauses on payments. Interest usually continues to grow, potentially increasing your balance significantly.