ulrich
Apprentice
Joined: 30 Jun 2007
Posts: 1
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 Posted: 05/28/08 - 00:03 Post subject: |
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| Hi there Judy. I am sorry to hear about your financial aid package. But I think that you can handle your education with a good loan. In general, student loans tend to have a slightly lower interest rate than the other ones. But, not necessarily. Interest rates change every year and they depend on the inflation rate, as you may know. I am not sure, but I think that the current interest rate for student loans is 4.8%, which is not bad. Now, there are a certain limits on how much you can borrow. One of the factors is your household income. Basically, that’s it. I hope that I was of some help to you. I wish you all the best in college. Bye! |
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