Many students today are only able to further their education thanks to the availability of student loans. It means that education is available to all classes of society and helps to ensure that those who in the past may not have had the options that higher learning offers can now do so.
A federal stafford student loan can be either subsidized or not subsidized. A subsidized loan is where if you can demonstrate financial need the government will actually pay the interest charges until you graduate from college, an unsubsidized loan means that you still get the low interest rate, however will need to pay it yourself. Good luck with your stafford college loan – its great to have choices isn’t it!