About the ads

Go Back   Student Doctor Network Forums > Interdisciplinary Forums > Financial Aid
Reload this Page Stafford Loan Changes?
Register FAQ SDN Live Mark Forums Read

Financial Aid Discuss financial topics, including private or military scholarships, student loans, and educational costs. RSS: Feed Icon


Reply
 
Thread Tools Display Modes
Old 04-30-2012, 08:26 PM   #1
Senior Member
 
Join Date: Apr 2009
Posts: 392
SDN 2+ Year Member
Default Stafford Loan Changes?

SDN Members don't see this ad. (About Ads)
How will the proposed stafford loan changes affect medical/graduate students? It could push the undergrad rate up to 6.8%+ which is what we pay. I heard that the grad loan would also increase, is this true?
Jlaw is offline   Reply With Quote
Old 04-30-2012, 09:46 PM   #2
Senior Member
 
StilgarMD's Avatar
 
Status: Pre-Medical
Join Date: Jan 2011
Posts: 162
SDN 2+ Year Member
Default
RELATED QUESTION

should we consolidate now to avoid this doubling?
StilgarMD is offline   Reply With Quote
Old 04-30-2012, 10:16 PM   #3
Senior Member
 
Join Date: Apr 2009
Posts: 392
SDN 2+ Year Member
Default
Quote:
Originally Posted by StilgarMD View Post
RELATED QUESTION

should we consolidate now to avoid this doubling?

I can't imagine it would be done retroactively, but I havent researched it that much. Chances are Obama will stop it since its an election year but this increase will probably happen at some point.
Jlaw is offline   Reply With Quote
Old 05-06-2012, 06:21 AM   #4
Senior Member
 
Status: Attending
Join Date: May 2010
Posts: 451
SDN 2+ Year Member
Default
Is there such a thing as a law to prevent usary on student loans?
cincincyreds is offline   Reply With Quote
Old 05-06-2012, 09:58 AM   #5
has an opinion
 
DrMidlife's Avatar
 
MDApps: View Profile
Join Date: Oct 2006
Posts: 5,495
SDN Gold Donor SDN 5+ Year Member
Default
Quote:
Originally Posted by cincincyreds View Post
Is there such a thing as a law to prevent usary on student loans?
It's usury, and 6.8% is hardly that.
DrMidlife is offline   Reply With Quote
Old 05-06-2012, 05:20 PM   #6
Senior Member
 
Join Date: May 2011
Posts: 122
SDN 2+ Year Member
Default
I have read that should the increase occur, it will not affect rates for graduate/professional students. I also don't think a rate increase will occur because private interest rates would be significantly lower than any increased federal rate, and people could simply choose those.
xenotype is online now   Reply With Quote

Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -7. The time now is 04:05 PM.


Comments are closed.