Congratulations on making the important decision to attend graduate school (and if you need help with making the decision, read “How to Decide if Graduate School is Worth Your Investment”). Before going to graduate school, you’ll want to be aware of common financial mistakes. What to Watch:Make sure your monthly budget includes a generous payment toward your student loans. Alexis Jani, a 2009 Tulane Law School graduate, pays back her loans at a rate of about $2,500 a month. Currently, public service loan forgiveness and teacher loan forgiveness programs relieve student loan burden without taxes, but the fate of these programs depends on the willingness of the federal government to continue them year-over-year.

Source: Forbes August 15, 2017 18:14 UTC