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I believe interest is now about 8-9% - yeah that is right it is more expensive to get an education than it is to own a house.....grrr!
I wouldn't worry too much about repayment now (easier said than done) but you can always defer (and I mean not pay while interest continues to accure, forgive me if I used the wrong term) and then pay what you can. We plan to do this and at least pay the interest while it accrues. And also if and when we have unexpected expenses we won't be under pressure to make a payment.
I wouldn't worry too much about repayment now (easier said than done) but you can always defer (and I mean not pay while interest continues to accure, forgive me if I used the wrong term) and then pay what you can. We plan to do this and at least pay the interest while it accrues. And also if and when we have unexpected expenses we won't be under pressure to make a payment.
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