student loans
College financing burden
Student loans are money borrowed to pay for higher education, typically repaid with interest after graduation.
Unlike most debt, student loans often cannot be discharged in bankruptcy and may follow borrowers for decades.
The phrase appears constantly in discussions of college affordability and economic mobility: I'll be paying off my student loans until I'm forty.
Money owed another
- overwhelmingIntensely excessive in force
- stressfulCausing worry or tension
- anxietyPersistent apprehensive distress
- pressureForce upon contact
repayment · obligation · strain · hardship · financial stress · default · monthly payments · interest
Cost of borrowing money
- principalChief school administrator
- amortizationGradual debt reduction schedule
- subsidizedOffset by external funding
- unsubsidizedNot financially supported
FAFSA · promissory note · co-signer · servicer · lender · borrower · disbursement · origination fee
Payment for instruction
- universityHigher education institution
- collegeHigher education institution
- graduate schoolInstitution awarding advanced degrees
- degreeUnit of measurement
enrollment · semester · credit hours · financial aid · scholarship · grant · Pell Grant · work-study
Recurring scheduled remittance
- installmentPeriodic partial payment
- payoffCulminating benefit received
- forgivenessReleasing resentment toward offenders
- autopayRecurring automatic payment
prepayment · balance · term · discharge · cancellation · deferment · forbearance · delinquency
debt
Money owed another
- overwhelmingIntensely excessive in force
- stressfulCausing worry or tension
- anxietyPersistent apprehensive distress
pressure · repayment · obligation · strain · hardship · financial stress · default · monthly payments · interest · deferment
interest rate
Cost of borrowing money
- principalChief school administrator
- amortizationGradual debt reduction schedule
- subsidizedOffset by external funding
unsubsidized · FAFSA · promissory note · co-signer · servicer · lender · borrower · disbursement · origination fee · variable rate
tuition
Payment for instruction
- universityHigher education institution
- collegeHigher education institution
- graduate schoolInstitution awarding advanced degrees
degree · enrollment · semester · credit hours · financial aid · scholarship · grant · Pell Grant · work-study · bursar
monthly payment
Recurring scheduled remittance
- installmentPeriodic partial payment
- payoffCulminating benefit received
- forgivenessReleasing resentment toward offenders
autopay · prepayment · balance · term · discharge · cancellation · deferment · forbearance · delinquency · default
- debtdebt, creditor, owe, debtor, lender
- debtscredit card debt, medical debt, mortgage, debt, overdraft
- money troublesdebt relief, bad debt, bankruptcy filing, paycheck to paycheck, struggling
- school coststuition fees, financial aid, fees, school fees, dorm fees
- student lifetextbooks, back-to-school, school supplies, tuition costs, financial aid
- student self-supportpart-time jobs, work-study, scholarships, grants, budgeting
student loansscholarships
Funds awarded for study
grants · free tuition · fellowships · bursaries · merit awards
student loansfamily wealth
Resources inherited from relatives
trust fund · savings · inheritance · self-funding · parental support
student, loan, students, loaned, loans, loaning, student loan