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re: Graduate student loan question

Posted on 6/28/16 at 2:41 pm to
Posted by Costanza
Member since May 2011
3155 posts
Posted on 6/28/16 at 2:41 pm to
Are you employed? Are you capable of covering any expenses over the cost of her tuition? I'd do anything possible to borrow as little as you can.
Posted by TheWiz
Third World, LA
Member since Aug 2007
11688 posts
Posted on 6/28/16 at 2:57 pm to
quote:

Are you capable of covering any expenses over the cost of her tuition? I'd do anything possible to borrow as little as you can.


Eat Ramen if you have to. Don't go out with friends for a bit. Avoid student loans.
Posted by AUjim
America
Member since Dec 2012
3663 posts
Posted on 6/28/16 at 4:22 pm to
quote:

I'd do anything possible to borrow as little as you can.


I second the motion. If you absolutely have to, its potentially not a terrible investment, depending on what she makes now vs. conservative estimates of what she'll make after. My wife finishes grad school next month, and I'm incredibly glad that we opted for a few drastic short term lifestyle changes as opposed to taking out additional loans. It wasn't always fun, but we made it.
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