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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Kill my old debt and start fresh, or keep the debt and use my ed award?
 
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SiGmA_X
May 3, 2004
SiGmA_X
 Which school year will you be attending? 2014-15 rates are published:

Direct Subsidized and Unsubsidized Loans (Undergraduates) - 4.66%

Direct Unsubsidized Loans (Graduate or Professional Students) - 6.21%

I would say pay for school and the refinance with the rest of the loan money. Besides paying the existing loan off, that's your best bet. The existing loan should go into deferment again when you start class too.

* # ¿ Jan 9, 2015 08:14
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# ¿ May 21, 2024 12:55
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Kill my old debt and start fresh, or keep the debt and use my ed award?