The United States gives financial aid to its students to help them achieve higher education, referred to as Student loans.

What are Student loans?

Around 70 percent of students used this loan to pay their expenses. Borrowers must repay these student loans with interest.

Follow Us-

Among 48 million borrowers receive about $1.75 trillion in loans. Graduate schools will get about half of the student loans.

Individual not making more than $125,000 and households not making more than $250,000 is eligible for student loans.

Eligibility for the  student loans :

Follow Us-

1. Direct subsidized loans. 2. Direct unsubsidized loans. 3. Direct PLUS loans. 4. Direct consolidation loans.

Four types of loans :

The federal government, private sources such as a bank/financial institution, or other organizations provide the loan.

Facts about Student Loans:

A study by the Brookings Institution, around 40 percent of students who took out loans in 2004 may default by 2023.

Follow Us-

They forgive the student loans after ten years of repayment if the borrower loan amount is $12,000 or less.

To know about Doctor Strange in the Multiverse of Madness 

To know about more such stories, Click Below...

Follow Us-