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I intentionally racked up loans because of that since I figured I can dump that amount of money into an investment that provides a higher return (an index fund returns on average 10%) and use the investment interest to pay off the debt interest.
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if the original poster has already graduated, I agree that he has a right to do whatever he wants with his money, since he has already taken the loans out. The point I was trying to make was that it is wrong for someone to take financial aid
in the first place if they don't need it. I'm sorry but I just don't see how racking up student loans and putting that loan money into investments is demonstrating financial need.
Student loans are to help students pay tuition, housing, etc...they are not all purpose loans for your own personal use for whatevery you want, just because of the low rates. You want to get a low interest loan for investments,a car, whatever...maintain a good credit rating and go to a bank. Don't freeload off the government and take loan money from people who really need it