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- Dec 29, 2006
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Like many other people, I will be taking $200k+ in loans to pay for my education. However, I reached the point where I need to know a little more about what I am doing. I have a brother who recently graduated medcial school who took out different loans at different % interests (from 3 to 8). I am wondering exactly how this all works. I know government loans are taken out to a specific amount of money with minimal interest while private loans tack on more. Also, what is this 30 year plan that some people are on and what are the benefits/drawbacks of it. My brother tends to be very finicky with his money and always complains about being in debt. If someone could respond with an idiots guide to dental school loans, or a link to a recent thread, it would be much appreciated. thank you.
-also, do loans accumulate interest in while in dental school?
-also, do loans accumulate interest in while in dental school?