Are there any good reasons to go for a private loan? other than the lower interest rate (albeit not a fixed rate), i cant seem to come up with other pros.
why would someone opt for private loans if Grad PLUS is safer at a fixed rate.
I took a small private loan because I got such a good interest rate on it.. 4.5% Which is a lot better than the GradPlus of 7.9% However mine is not fixed (got a little worried when they were stalling on the debt ceiling decesion)
