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Reply to "What is going on with student loans?"
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[quote=Anonymous]We don’t care about forgiveness one way or another. My child would not have qualified for subsidized loans, so took out all subsidized ones. Dc is a junior and has taken out about $16k so far in unsubsidized stafford loans, but interest has been charged on them yet due to COVID. Child put $2k toward them from money they earned during an internship, so they’re down to $14k. Child will probably graduate with $20k in loans, assuming now forgiveness, and should be able to pay them off by 2025. Excellent investment; we don’t have the cash on hand for this. [/quote]
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