Recent College Grad? Student Loan Lingo to Learn Before Repayment Starts

Are you a recent college grad? Instead of working a little harder during school did you decide to sign on the dotted line and take most of the cash that the government made available in the form of student loans?

If so, in six to 8 months you’re going to face Judgment Day: Repayment of your loans is going to begin. It’s too late for Buyer’s Remorse. Now that you’re on the hook for high student loan payments for the next 15 or 20 years, the least you can do is re-familiarize yourself with the language of the loans. That way when you call in to discuss your loan options, you’ll know exactly what is being said. Follow this link for a total breakdown on all the terminology:
http://xpress.sfsu.edu/archives/news/013315.html

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