Student Loan borrowers are being assessed interest during the initial six-month grace period after graduation, but many don’t know it. And, according to Julian Benedict of the Coalition for Student Loan Fairness (CSLF), students who don’t pay the balance of this interest in full within 30 days of receiving the invoice will have this interest added to their loan principal — increasing the amount of the loan principal, and causing most students to lose out on tax benefits from claiming the full amount of interest.
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