1
Financial Aid / Re: Grad Plus VS Private, let's discuss
« on: May 13, 2008, 06:51:11 PM »
I think most outside companies have stopped issuing private loans for the time being (e.g. Bank of America, Access Group), since the economy is in the toilet. See their websites. You can't even pull up interest rate info on their private loans.
I've heard similar to what Bulldog said. That private loans are riskier, because the interest rate can change every quarter and you can't do anything about it.
8.5% is hard to swallow though (does anyone know if it's dropping on July 1?)
I've heard similar to what Bulldog said. That private loans are riskier, because the interest rate can change every quarter and you can't do anything about it.
8.5% is hard to swallow though (does anyone know if it's dropping on July 1?)
Discussion
Resources