The pursuit of higher education often necessitates borrowing, and for graduate students, this can translate into substantial debt. Grad PLUS loans offer a potential solution, but understanding their implications is crucial. This exploration delves into the complexities of graduate student loans, from the initial borrowing process to long-term repayment strategies and the profound impact on career choices and mental well-being. We will examine the various types of graduate student loans, including federal and private options, and analyze their associated interest rates and repayment terms. The discussion will also cover effective debt management techniques, budgeting tools, and the emotional toll that Read More …
