| Analyst15
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In United States
Registered Feb 20, 2011
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Analyst15's most recent comments:
- On 28 Feb 2011
in
Why are Student loan interest rates so high?,
Analyst15 said:
Hi LA Renter,
I'm under-qualified to explain WHY Stafford loans have such a high rate now (I, too, have undergrad loans at delightfully low rates!), but I can answer some other questions.
1) Yes, that 6.8% shiner-of-a-rate for the Stafford loan is fixed for everyone right now.
2) You likely could get a lower, but non-fixed, rate on a private loan. PNC (AES, really) set me up with a graduate student loan that was, in Fall 2009, at 4.4% - VARIABLE. This loan is tied to the LIBOR index, all of which was quickly explained to me by an AES loan specialist, but none of which I really understand. That said, PNC (AES) offered me a 0.25% rate reduction for signing up for auto-debit. Which is all good and well, but again, ultimately the rate is still variable.
I suggest this website to see how things may play out for your wife, particularly if you plan on paying back your loans faster than the 20 - 30 years that lenders require you to:
http://www.whatsthecost.com/snowball.aspx - On 24 Feb 2011
in
Your worst investing moves made over the years...,
Analyst15 said:
My second Masters degree. Really, one was enough, especially when the second one came without full funding/a fellowship. - On 24 Feb 2011
in
Investment Ideas for 2011,
Analyst15 said:
TQNT, AAPL, SSN, and SOLR. Currently long on TQNT, AAPL, and SSN. Waiting to build up the funds for an SOLR purchase.
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