Can you use Fed. Loans to Pursue Multiple Grad Degrees?
Posted: Tue Nov 30, 2010 8:46 pm
Question: Do you have to pay off your federal loans for one degree before you can take out new loans to pay for another?
Example: A student takes out $100k in federal loans for law school. After graduation, can that student now take out new federal loans to pursue a PhD? Or does that student have to pay back the law school debt before embarking on the new degree?
Example: A student takes out $100k in federal loans for law school. After graduation, can that student now take out new federal loans to pursue a PhD? Or does that student have to pay back the law school debt before embarking on the new degree?