Thanks. Yeah, I have been looking at
Prodigy but the interest rate seem to be exorbitantly high. Do most of the students take a full loan? I am guessing that will take the loan to a mark of around 180000 USD. That along with the interest rate means one will have to pay close to 230000 USD over the years. Am I looking at this the wrong way or is this actually the norm?
BacLe wrote:
anulfc wrote:
How is everyone's financial planning going on btw? Any insight from admitted students into where/how to take loans? And what is the average loan amount that people take?
I will have to take a loan for everything apart from around 20000/25000 USD that I have saved. This probably means a loan of around 150000-200000 USD. Is this a lot from what others have in plan/really stupid to take considering the risk/impossible to get this kind of amount?
I spoke to a Marshall current student and she told me many international students take loan from
Prodigy. She also said for an international student on a budget, if you manage well you can keep your living costs at around $2k/month. Hope this info helps you.
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