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re: Student loan consolidation

Posted on 12/19/14 at 10:26 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37162 posts
Posted on 12/19/14 at 10:26 am to
LINK

So it looks like no... but I would call them an ask.

I would think if you get an MBA, you might have a loss in income while you are in school, so that route might get you some help.
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1968 posts
Posted on 12/19/14 at 10:59 am to
Ive heard only bad thing about sofi. good to hear otherwise. I cant tell if the reviews are made up or not. Most say they got denied and have excellent credit and plenty of income, they take forever to apply, and are just stealing info.

One thing to consider for federal loans if you go private, is you will lose your deferment options, Income Based Repayment, and loan forgiveness for nurses and teachers. also when you die the loan dies.

I thought you couldn't claim interest for private but I was wrong. its only 2500$ and if your adjusted income is more than 75k, you get no break.
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