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With interest rates so low these days, are student loans still problematic? Seems like a nice way to defer having to pay while in school, but I'd love to learn
by TiredGuy 5y ago
With interest rates so low these days, are student loans still problematic? Seems like a nice way to defer having to pay while in school, but I'd love to learn more about the issue.
- pragmatic8 5y agoI wouldn’t consider the rates here [1] low at all. Parent PLUS loans are sky high at 6.28%. I suppose you are talking about private loans but they have their own set of downsides. [1] https://studentaid.gov/understand-aid/types/loans/interest-rates https://studentaid.gov/understand-aid/types/loans/interest-r...
- dragonwriter 5y ago> Parent PLUS loans are sky high at 6.28%. PLUS loans are supplemental loans with a higher rate than regular direct undergraduate (3.73%) or graduate/professional (5.28%) student loans.