Not exact matches
For
certain types of federal student loans, a period of time after you
graduate, leave school, or drop below half - time enrollment when you are not required to make
payments.
With the income - based repayment program introduced during Duncan's tenure, student loan
payments are being reduced for college
graduates in low - paying jobs, and loans will be forgiven after 10 years for persons in
certain public service occupations, such as teachers, police officers and firefighters.
But
certain lenders let you apply to have your cosigner released from your private student loan after you've
graduated, made a
certain number of on - time principal and interest
payments, and met
certain credit requirements.
Some repayment plans will allow you to make no
payments while in school but then need to be paid off within 10 years after you
graduate, while others might require you to pay a
certain amount while you attend college but then have lower
payments over the course of 15 or 20 years.
You may apply to release your cosigner from the loan after you
graduate, make 12 on - time principal and interest
payments and meet
certain credit requirements.
To afford the high monthly
payments,
certain graduates pursue employment with companies that do not necessarily maximize their skills but offer a starting salary high enough to make the monthly student loan
payment and other monthly bills like rent, utilities, and insurance.
For
certain types of federal student loans, a period of time after you
graduate, leave school, or drop below half - time enrollment when you are not required to make
payments.
Cover the cost of tuition with an income - based
payment plan post-graduation: In July, Oregon passed a bill that allows students to attend a community college or public university at no cost if they agree to pay a
certain portion of their income after they
graduate.