Why do you think graduate loans are so well-liked? To understand it, imagine the situation of being a young graduate who does not have job and money. The only problem he has is the obligation to cover the debt! Graduate student loan is a good opportunity to get rid of the necessity to pay it out immediately. You will be able to do it later when you stand on your own feet. In order to get the loan, you do not have to prove your credibility, that is why it can be received without problems. The level of rates is also affordable. Fast solution is an additional advantage too. Taking into account that the lender does not have guarantee that you will cover your debt, the terms are perfect. In spite of this fact, you should avoid getting into the durable dependence from the loan provider. It also should be added that financially they are not as favorable as undergraduate student loans. This is just a little support to alleviate your transition period. At the same time they are better in terms than usual loans, that is why they are worth borrowing. With time you will be able to get a loan at your new working place with better conditions as there are options of career development loans for some professions. The only advice can be given to the individuals who start a career in life: try to cover your debt as soon as possible and finish this life period. New life with new challenges is in front of you!