<p>I'm hoping to go to at least earn my MA after I graduate from college, but I've been taking out alot of loans (Perkins and Stafford) that will amount to about 25k by the time I graduate. Can I even apply to Graduate Study or do I have to take time off to try to work and pay off these loans before I can finish up and earn a higher degree. Or can the loans just accure as the time goes by while I'm continuing my education.</p>
<p>The loans will continue to accrue, including the interest as long as you want them to. You can apply for graduate study right after graduating even if you have loans. When in grad school you have the option of deferring your loans or paying them. You can choose to take time off to pay the loans if you want. But this means you will be starting grad school later which is completely normal. Many people return to grad school or a PhD program after being a working professional for 2 years or 20 years. Its a personal choice.</p>