Quote:
Originally Posted by GeekyPenguin
Well, consider it blown. I'm glad I could do that service for you. He still had to take out loans which is more than I can say for most of the politicians lately. I'm sure that I'd vote for him over McCain even if he'd had his daddy pay for college.
|
The average annual return on the S&P is 10%, Federal Stafford Loans have around a 6% interest rate. It's smart to pay for school with federal loans and not pay them off early if your other alternative is spending money you would otherwise be investing.
__________________
"I put my mama on her, she threw her in the air. My mama said son, that's a mother buckin' mare."
|