Navigating the complexities of student loan repayment can feel overwhelming, especially when confronted with the ever-growing burden of interest. Understanding how interest accrues and the various strategies available to minimize its impact is crucial for achieving financial freedom after graduation. This guide provides a comprehensive overview of effective techniques, from strategic repayment plans to exploring government programs designed to alleviate the financial strain of student loan debt. This exploration will delve into the mechanics of student loan interest, outlining different interest rate types and the consequences of interest capitalization. We’ll then examine proactive strategies such as making extra payments, the Read More …