Should I take out a student loan if I have enough money to pay for my education?
Should I take out a student loan if I have enough money to pay for my education? What would determine the interest rate of the student loan and why shouldn't I take the loan out and put it in a fixed rate bond or some other investment IF the interest on the student loan is lower?
Original post by leibniz7
Should I take out a student loan if I have enough money to pay for my education? What would determine the interest rate of the student loan and why shouldn't I take the loan out and put it in a fixed rate bond or some other investment IF the interest on the student loan is lower?
Hi there,
I'd advise for you to contact our repayments department for information regarding interest rates. Their number is 0300 100 0611. Thanks, Ross
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