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May 0507:00 PM EDT
-08:00 PM EDT
In this live 60-minute masterclass, How to Get Ahead of MBA Recruiting Now, we’ll walk through the four biggest mistakes incoming MBAs make and how to avoid them so you’re not scrambling to catch up once recruiting begins.
May 0710:00 AM EDT
-10:30 AM EDT
Sia Admissions Founder Susan Berishaj is covering this live on YouTube, May 7: how admissions committees actually evaluate goals statements, who is in the room, and why the goals statement most applicants submit wouldn't survive that conversation.
03 Jun 2014, 11:00
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Can someone explain to me the advantage of paying off loan interest while in school, as opposed to just taking out less money? I understand there is a tax advantage to paying off interest in school, but I don't see how they outweighs just taking out less money.
Namely why is taking out $58k and paying $3k in interest better than taking out $55k and letting interest accrue?
Namely why is taking out $58k and paying $3k in interest better than taking out $55k and letting interest accrue?
DefyingGravity
03 Jun 2014, 11:16
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I've been trying to understand this as well.
03 Jun 2014, 20:49
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Banks typically offer lower rates for full-pay or interest-only payments while still in school. For some lenders, I found it 0.25% cheaper for interest only (compared to fully deferred) and another 0.25% for full pay. For one of the lenders I ended up selecting, the discount for interest-only was 1.18%.
