accrue

However, interest on unsubsidized loans begins accruing as soon as the funds are disbursed, and the borrower is responsible for paying that interest over the life of the loan.

“I have car insurance and a phone bill, and student loan bills. The government is shut down, but those payments aren’t shut down. They keep accruing,” Morris said.

By the time the closing bell rang, Beyond Meat’s shares had erased more than 50% of the gains they had accrued since the rally began.

While working as a retail manager making about $13 an hour, he saw that his monthly loan payments only partially covered the interest that was accruing and weren’t making a dent in his principal balance.

Next, West should use the $1,350 he currently puts into his savings account and primary brokerage account each month to pay down the $5,730 student loan, currently accruing interest.