I'm facing a great situation -- how to best approach med school investment for daughter. Federal loans come with 1% origination and 8-9% rates. I feel we should not pay for the education (did cover undergrad), but an intrafamily loan at 4.5% seems like a viable alternative. Other than the unlikely possibility of federal loan forgiveness, are there negatives I'm not considering? I could do better in other investments, but I could also do worse than helping our daughter get a fast start. Thank you in advance!
Statistics: Posted by mchriste15 — Thu Jul 04, 2024 6:44 pm — Replies 11 — Views 624