Funding medical school

Heiditree
Tue, 09 Aug 2016 21:39:11 +0000

Thanks for clarifying about the loan origination fee. That does make me feel better. Actually 3% less right off the top is a big deal. She must of gotten confused between the 1.068% and the 4.272%. She probably will have to pay a bit of that higher 4.272% though because I don’t think the $40,500 is going to be enough.

And also thank you about clarifying about the PSLF. That explains quite a bit. So don’t take the approach of borrow all you can because in 10 years it will be forgiven. And just by chance if she were to marry a doctor, wow their interest rate would be high. I’m guessing it will be high even if she is single in 14 years. Anyways your information helps. It reinforces keep the debt down and pay it off as quickly as you can.