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Hey, so the boy is off the college in the fall (that's the plan so far, at least....)
He's already set with a nice scholarship and the usual stafford loan. However, he'll need a few k each semester that requires a Federal Direct PLUS Loan, or a private loan.
I sort of forgot to look into this the last couple of months, I have no idea what else has been going on..... oh. Anyway, anyone have any experience with comparing a Federal Direct PLUS loan as a parent vs a private loan and probably co-signing or something. My credit is excellent. Are there better deals for private loans? The PLUS loan is like a 7.08% interest rate.
He's already set with a nice scholarship and the usual stafford loan. However, he'll need a few k each semester that requires a Federal Direct PLUS Loan, or a private loan.
I sort of forgot to look into this the last couple of months, I have no idea what else has been going on..... oh. Anyway, anyone have any experience with comparing a Federal Direct PLUS loan as a parent vs a private loan and probably co-signing or something. My credit is excellent. Are there better deals for private loans? The PLUS loan is like a 7.08% interest rate.