Luckily my parents have been saving up for my education but obviously the cost of dental school is quite hefty so it may not be enough. I'm wondering if one could just take out loans for all 4 years and then once dental school is over just pay all those loans off right away? Would there still be interest in that case?
I ask because a college fund would get bigger with interest/contributions if we just keep putting money in it and letting it sit there for 4 years rather than just paying year by year for dental school.
Obviously if there would be interest in that case I feel like it would be stupid to do so, but if there would be no interest wouldn't it be a better idea to just take out loans and pay it all off right after dental school because that would allow the college fund to accumulate more money...
I ask because a college fund would get bigger with interest/contributions if we just keep putting money in it and letting it sit there for 4 years rather than just paying year by year for dental school.
Obviously if there would be interest in that case I feel like it would be stupid to do so, but if there would be no interest wouldn't it be a better idea to just take out loans and pay it all off right after dental school because that would allow the college fund to accumulate more money...