For some reason, I thought that interest did not start accruing till the student graduated. It used to be that way and was changed around 1993-94, IIRC. Too I think payment deferral rules changed too as to what was considered "graduation". Had several friends in residency training that had $100k plus student loans at the time and were starting to get hammered with interest accrual. A few were having to moonlight insane number of hours because they now had higher loan payments on a $30k salary.JLC
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. M