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thanks for the input and your sarcasm is understandable. I am not for borrowing from parents - they and my sister brought it up since it will save me a lot of interest and say it would be foolish for me to not take it to just be "independent". For the cap on interest rates... one loaner had a 25% max apr cap because it was state cap. Salli mae doesnt seem to have a cap and it is dependent on LIBOR avg. + 2% and historically :

the rate hasnt been too bad - if we return to 2007 it is still < 7.9. of course there's no IBR from private loan i am looking at and there's no forgivance either..

And for living above one's means... the only "bad" choice that led to my prviously threaded CC debt was the master degree i got - originally i planned to have my company pay for it. However, there wasn't much work coming in for a long period of time and people were just "sitting" there. I didn't want to waste my time there at a standstill just to get some reimbursement for school so i left the company for better work and more professional growth - which basically meant i had to pay for all the grad tuition.
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