Friday evening

iVillage Member
Registered: 09-22-1999
Friday evening
21
Fri, 08-21-2009 - 7:15pm

Right now, I

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iVillage Member
Registered: 08-04-2008
Fri, 08-28-2009 - 10:47am

However, there is a government program she can apply for in 2010. If she qualifies it'll help with her loans, but not the parent loans.


A fnancial advisor I went to a college funding seminar from said you really think twice before taking parent loans and that was part of the reason given, companies won't pay back parent loans as retention or signing bonuses for in-demand careers such as nursing.


They also said the arrangements on student loans are much more advantageous such as lower available interest rates (mine are at 3% for my MBA so I thought that was great), they can be consolidated to lower payments and they don't require payback until 6 months after graduation or they stop going to school.




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