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I will be starting an expensive private graduate school and am looking to take out about 70K for the first part of the program. This will be a combo of (Stafford) subsidized & unsubsidized, as well as Grad Plus loans.
We can pick from 12 different lender companies and each one offers different incentives--some similar and some different--how should I decide? In plain english, how do I decide on the best deal?
Some offer no origination fees, some offer rewards for good payback history, etc etc.
Please be careful taking out student loans. Before anyone takes out such a loan, you should write down the monthly payments required to pay it back. Now write down the salary you intend to make after you get your degree. You'll be paying at least $800-$1,000 a month on this.
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