Please consider registering

sp_LogInOut Log In sp_Registration Register sp_MemberList Members

Register | Lost password?
Advanced Search

— Forum Scope —

— Match —

— Forum Options —

Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS student-icon
Pay Off Interest While Still In School?
May 15, 2019
3:47 pm

My son will be using direct unsubsidized loans for the next four years of medical school ($40,500 for year one). I will also be funding a substantial portion of his living expenses. I am considering the possibility of paying off some of the loan interest while he is in school to ease the burden when he graduates. Is this a prudent approach to managing this type of debt?

June 21, 2019
8:23 am
Forum Posts: 362
Member Since:
May 3, 2014
sp_UserOfflineSmall Offline

Sorry for the late reply on this one.

Your plan sounds like a good one. Medical school is obviously very expensive, so sticking to federal loans is smart. Minimizing the debt any way you can is a prudent approach.

Forum Timezone: America/Indiana/Indianapolis

Most Users Ever Online: 27

Currently Online:
1 Guest(s)

Currently Browsing this Page:
1 Guest(s)

Member Stats:

Guest Posters: 171

Members: 7252

Moderators: 0

Admins: 2

Forum Stats:

Groups: 1

Forums: 5

Topics: 269

Posts: 790