Although the interest free part of subsidized student loans save college students thousands of dollars, interest forgiveness only happens during the first three years of college student loan payments. (lendedu.com)
In addition, it is probably important to mention that the interest rate on subsidized student loans is doubling from 3.4 % to 6.8 % this coming academic year. (cheapscholar.org)
Of this total, a maximum of $ 3,500 can be in subsidized student loans. (studentloans.net)