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Posted on 9/23/14 at 9:29 am to Dr. Shultz
Mine were 6.8% - 14%. A mix of stafford and private. I refi'd to 4.1%, but recnetly paid them off. 
i'm jealous of how low the balances are on some of the loans in here tho
i'm jealous of how low the balances are on some of the loans in here tho
Posted on 9/23/14 at 9:43 am to Dr. Shultz
quote:
Just took out 50k+ in loans a couple months ago at around 6.2% and 7.2%
I'm not exactly a bleeding heart liberal, but there is something wrong when government backed student loans are more expensive than government-backed mortgages.
I understand that mortgages are secured, and student loans are not... and you don't have to credit qualify for most government student loans... but we should not be making money off of our students. Further, if you blow a mortgage, you can find ways to get out of the debt. It's almost impossible to get out from student loan debt.
It's crazy that we stress how imporantant a college degree is, then allow tuition to skyrocket, and student loan rates to get this high.
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