ok....i'm confused so is it better to pay interest while in school?
I could be wrong, but you're also not losing anything by saying yes to paying interest payments while in school. It gives you the option to, but you are not under obligation to do so. So if you change your mind and don't pay or don't pay for a particular month, it has no effect on you than if you had said no from the get-go.
First of all, a tax deduction while your making essentially nothing at the beginning of law school does you little good.Secondly, between graduation and Dec. 31st, even if you are working biglaw, you won't make six figures.The following is a slight elaboration on the 'you can afford it' presented by the previous poster. I do agree that if you have a lucrative 2L SA position making a $2500 interest payment does make sense. It doesn't make sense to pay more if you will have to take out more loans for your last semester or bar study.
Page created in 0.408 seconds with 19 queries.