Loans available to help, not hinder students by Monique Evans Printz Contributor Students who abuse student loans are in for a rude awakening once they graduate or quit school, says USM financial adviser Ventez Jones.
Students have to start repaying loans six months after they graduate or quit school.
Jones says many students forget or ignore that provision of the agreement. Students are overwhelmed when they finish school and realize that they have an enormous student loan debt to pay. This is why students should only borrow the amount they need, says student loan officer Sharon Stepney. I believe some students abuse student loans. Most students think short term when it comes to student loans.