Ask Me About Student Loans!

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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Ask Me About Student Loans!

Elotana: Dec 12, 2003; and i'm putting it all on the goddamn expense account

I just got my financial aid offer for law school, and it's probably going to be more than I need, so I'm going to be adjusting some of the awards down. I can probably get away with eliminating or at least minimizing the portion that comes from unsubsidized Stafford loans, or the Grad Plus portion. In the long run, which one is better for me to keep and which one should I ditch?

# ¿ Jun 14, 2007 23:00

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# ¿ May 6, 2024 08:35

Elotana: Dec 12, 2003; and i'm putting it all on the goddamn expense account

Magnetic North posted:

Care to elaborate?

Government loans have an array of built-in guarantees against unemployment or underemployment that private loans don't, ranging from income-based and PAYE repayment plans to three years of deferments + forbearances.

Private loans have more attractive topline interest rates but they will gently caress you over ruthlessly the instant you cannot pay.

# ¿ Jul 30, 2014 03:47

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Ask Me About Student Loans!