Don't live like a working person until after you're out of school. You may not be offered as much money as you expect when you graduate, so plan accordingly by estimating as soon as possible what your income will be after school. A step you could do now is to realistically decide what kind of a lifestyle you will want, and be certain that your chosen career path will allow it. Your eligibility may be determined by the order in which you apply. The student makes reduced payments in the early years of repayment and still pays off the loan within the standard 10 year repayment term.
Payments are a percentage of the borrower's monthly gross income.
Prepaying can greatly reduce the total cost of your loan. He is calling his high school friend, Bob, who is at another school. This is Tom. I'm OK, thanks. Classes are keeping me incredibly busy.