“Starting Sunday, students hoping to earn the graduate degrees that have become mandatory for many white-collar jobs will become responsible for paying the interest on their federal loans while they are in school and immediately after they graduate. That means they’ll have to pay an extra $18 billion out of pocket over the next decade.
Meanwhile, the government will no longer cover the interest on undergraduate loans during the six months after students finish school. That’s expected to cost them more than $2 billion.”
Full article here.
WELP. There go all of my graduate school plans.
Wow. I seriously don’t know if I can go to grad school now.
Holy shit. This can not be real. No.
I guess I’m going to have to move to a different country for grad school, then.
