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Old 09-14-2008, 05:05 PM
CrackerBarrel CrackerBarrel is offline
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Join Date: May 2008
Location: In Mombasa, in a bar room drinking gin.
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Quote:
Originally Posted by GeekyPenguin View Post
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.
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