What is this horseshit? Almost $2k in interest this year and it will not even let me throw money against the principal.

  • 11111one11111@lemmy.world
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    11 hours ago

    Why arent you allowed tp start paying it off? Ive never heard of a student loan you couldnt at least make interest payments on while in school.

    • FenrirIII@lemmy.worldOP
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      9 hours ago

      The provider shows a $0 balance because it’s “Not available for repayment” which blocks me from making a payment. It’s a government loan, which may be why

      • LifeInMultipleChoice@lemmy.world
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        7 hours ago

        Since when do they charge interest before you exist school on government loans? Is that new? I remember them starting to charge interest when you graduate/leave

    • HobbitFoot @thelemmy.club
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      10 hours ago

      Yeah. Or in the worst case, put the money in a savings account now and use the money to pay for part of tuition next semester.