The government pays the interest on "Subsidized" loans while you are in school. ⚠️ The Downside
Your interest rate is locked for the life of the loan. The Student Loan
Federal student loans are funded by the U.S. Treasury. They offer fixed interest rates and consumer protections not found in the private market. The U.S. Department of Education. The government pays the interest on "Subsidized" loans
There are strict annual and aggregate caps on how much you can take out. The Student Loan
Unsubsidized loans grow from the day they are disbursed.