question about loans for grad school and options...

[shaselai]

what do you guys think about private loans? sallie mae and the like has variable aprs dependent on libor average. you guys think average it might be better than 7.9 fixed?

[Slug]

Originally Posted by shaselai

what do you guys think about private loans? sallie mae and the like has variable aprs dependent on libor average. you guys think average it might be better than 7.9 fixed?

It's completely dependent on your risk tolerance. You can lock in at 7.9 or hope that the variable rate is still low in 2 years when you graduate. I would be doing the latter.