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Posted on 3/3/14 at 3:10 pm to Jim Rockford
How the hell did he get student loans if he was on academic scholarship?
Posted on 3/3/14 at 3:13 pm to Jim Rockford
quote:
I knew a guy on a full academic scholarship who would take out student loans and invest them in federal land bank bonds. He made a few points on the spread.
Know how I know you're old?
You could do that for much of 90s because the student loan rate was in the shitter (< 3% if I recall correctly). But for people my age (28), the rate was 6.8 or more, especially for graduate school. I think the lowest was 3.4% or so.
This post was edited on 3/3/14 at 3:15 pm
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