Quote:
Originally Posted by Doublestep
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i've been saving all my cash before college and im set for a year or two before i head out of state to finish up my major, most ill need from student loans is 10k
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I'm working on a PhD right now and can offer some advice in the student loan department. Learn about investing and put your money into something that will yield you 5%+ per year. The federal student loans are subsidized, which means you don't start paying interest until you actually graduate. So the money you have right now can be making you extra income, while the loans are free. If you then want to take the money out and pay towards student loans the day you graduate, that's fine, but you'll likely want to continue making 5% off that money while paying the 3.4% interest rate.