- Dec 12, 2017
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That's literally what an student loan is. What I ment is :Nothing that dramatic. The mc just has a normal "student loan".
The whole purpose of a student loan is you don't have to start paying it back until several months after you graduate (enough time to find some kind of job to start making repayments). From studentaid.gov:
"You begin repaying most federal student loans six months after you leave college or drop below half-time enrollment. PLUS loans enter repayment once your loan is fully disbursed (paid out). for an additional six months after you leave school or drop below half-time enrollment status. "
In episode 1, if the mc turns down his dad's offer to use his savings:
mc: "I can't accept this. I'll take a student loan and will find a way to earn some extra pocket money."
And later when Josy suggests he'll need the pay from their summer job for college he responds:
mc: "Sure, but I'm taking a student loan, just like most students."
Josy then goes on to say how her dad is paying for her tuition.
So yeah, totally normal, typical student loan that is available to everyone except Maya because she's an idiot.
"Subsidized Loans are loans for undergraduate students with financial need, as determined by your cost of attendance minus expected family contribution and other financial aid (such as grants or scholarships). Subsidized Loans do not accrue interest while you are in school at least half-time or during deferment periods."