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re: Student Loans

Posted on 4/25/24 at 12:19 pm to
Posted by anc
Member since Nov 2012
18136 posts
Posted on 4/25/24 at 12:19 pm to
I advise parents that have a SUBSIDIZED (no-interest while in school) loan as part of their package to consider taking it, putting it in a HYSA and using it if needed.

We did this with my daughter (although I invested it instead of HYSA). Paid them off when they came due and had about $8k to get her started in life.
Posted by Y.A. Tittle
Member since Sep 2003
101651 posts
Posted on 4/25/24 at 12:32 pm to
Looking at a Federal Direct UNSUBSIDIZED. So that’s a different consideration, whereby interest is accruing?
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