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Student Loan |
Also found in: Medical, Wikipedia | 0.01 sec. |
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Student Loan A loan one uses to pay for postsecondary education. A parent, guardian or the student may take out a student loan. In the United States, the federal government subsidizes or guarantees some student loans to enable more people to attend college. Interest on student loans is also tax deductible in the United States. However, because universities in the United States are often so expensive, many students spend a significant portion of their income on student debt service. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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