there are federal Unsubsidized loans
Unsubsidized student loan interest is usually compounded
DAILY
Unsubsidized: Interest begins accruing
right away
while students are enrolled in school
Subsidized: No payments are due in the first six months after you leave school.
nerdwallet
Subsidized Loans (safer)
If you don’t make payments the lender may add those interest charges to your loan balance
loan balance does not increase when you skip payments, and any payments you make go toward reducing your loan balance.
Unsubsidized loan
if you cant pay this can include wage garnishment, a drop in your credit score or a suspension of your professional license
savingforcollegecom
thebalancemoneycom