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<blockquote data-quote="Nomad" data-source="post: 751605" data-attributes="member: 4152"><p>All I can say is be careful. You are wise to inquire. I took out a loan and was told the interest was 2 percent. But the second I graduated it went up A LOT. I didn’t realize this and no one in my class did either. It wasn’t told to us by the rep. at the university and it was buried in the fine print. Paying the interest might make sense. I’m not sure. I would not rule out a part time job. At least try. Yes, it might be too hard. But, then again, it might be possible. Keep the hours minimum. </p><p>I was surprised that I felt (and was) hoodwinked. I paid mine off as soon as possible using savings because the interest was mind boggling once I graduated. Again, be careful. I’m sorry I do t have more or better advice. But I can tell you from experience to be careful here.</p></blockquote><p></p>
[QUOTE="Nomad, post: 751605, member: 4152"] All I can say is be careful. You are wise to inquire. I took out a loan and was told the interest was 2 percent. But the second I graduated it went up A LOT. I didn’t realize this and no one in my class did either. It wasn’t told to us by the rep. at the university and it was buried in the fine print. Paying the interest might make sense. I’m not sure. I would not rule out a part time job. At least try. Yes, it might be too hard. But, then again, it might be possible. Keep the hours minimum. I was surprised that I felt (and was) hoodwinked. I paid mine off as soon as possible using savings because the interest was mind boggling once I graduated. Again, be careful. I’m sorry I do t have more or better advice. But I can tell you from experience to be careful here. [/QUOTE]
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