<p>There is no grace period for PLUS loans, so it would be best if your parents could make the payments immediately. They don’t HAVE to, and interest will accrue, but in the long run they will be better off if they start paying immediately. They can set up the payments immediately with the loan servicer. How much can they pay per month? If they can pay $250/mo, they could pay most of it in 2 years.</p>
<p>You can be mad about having to pay for your college all you want, but everyone who wants something has to pay for it - house, car, children, food. If you want a free education, you have to choose one of the schools that offer that, like a military academy or Berea, or Ozarks. </p>