No, it's not a good deal for anyone. If you run the calculations at a 0% interest rate, you lose money if you take the deal. If you do it at a 5% rate you lose

No, it's not a good deal for anyone. If you run the calculations at a 0% interest rate, you lose money if you take the deal. If you do it at a 5% rate you lose money, at a 10% rate you lose money, at a 20% annual interest rate you lose money. You only win if you get 23% or higher annual returns averaged over 35 years (i.e. impossible even for Warren Buffet, let alone you or me, let alone someone with a GPA of 1.x) It's NOT a good deal, not for anyone.