Interest rates for most student loans are reasonable. Depending on the loan program, money is loaned either directly to the student or to the parents. Generally, students are required to repay their loans after graduation from college. If the loans are made to parents, then the they must begin paying back the loans upon receiving them. Work study Work-study programs let students earn money toward their education while they are going to school.
Students sometimes can find jobs related to their program of study.
Work-study wages are based on Federal minimum wage guidelines, but they may vary according to the skill and experience needed for the job.