this post was submitted on 19 Sep 2024
1440 points (98.6% liked)

Work Reform

9840 readers
375 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 3 points 4 days ago* (last edited 4 days ago) (1 children)

That is not correct. Subsidized loans accrue interest, but only starting six months after graduation or when you drop below half-time enrollment.

And the rate is the same for subsidized and unsubsidized, currently 6.53%. https://studentaid.gov/understand-aid/types/loans/interest-rates

[โ€“] [email protected] 1 points 4 days ago

My loans were over 20 years old. Things have changed since then.