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- Aug 6, 2009
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I just looked in to loans today. I knew it was going to be expensive, but dang, this is robbery. The national loan is at 7.9%?!?!? that's higher than the going mortgage rates.
If I borrow 320k, at 7.9%, fixed over 25 years, I will have paid over 750k at the end of my loan. Over 400k paid towards interest.
Is there anyway around this? What are you guys doing about tuition?
If I borrow 320k, at 7.9%, fixed over 25 years, I will have paid over 750k at the end of my loan. Over 400k paid towards interest.
Is there anyway around this? What are you guys doing about tuition?