Don't know why, but I have the worst fear of private loans. I keep reminding myself that it doesn't get any better with federal loans. I'm possibly embarking on a new journey with education, and I want to be more excited than I am now. Are there people who have had experience with both and prefer one over the other? What are your reasons?

like
Posting as :
works at
You are currently posting as works at

I completely understand your apprehension about private loans, as I've had experience with both federal and private loans. In my case, I prefer federal loans because of their generally more favorable terms - fixed interest rates and IDR options. Federal loans also offer better forgiveness programs, which can be a significant advantage. Private loans, on the other hand, often come with variable interest rates and fewer repayment flexibility options, making them riskier.

Related Posts

Accenture ACN strategy and consulting Senior Analyst or consultant ? - For 4+ years of experience. Accenture

like

Any audit folks at midsize and up firms (experienced senior and above only) looking for a role in accounting advisory/consulting at a small firm <100 people (completely remote), reach out to me. Busy season hours are approx 45/week. Comp starts around $105k

like

After getting kicked out of McK late last year, this gives me schadenfreude 🤣

Post Photo
likefunny

Any recommendations for a good recruiter in Miami?

like

What is your opinion on online assessments as part of the hiring process?

like

Can anyone tell me what a territory sales leader makes per year?

like

Hey guys, I am CA having post qualification experience of 2.5 years. My last one year experience has been with Deloitte USI as an audit senior associate. I am looking for work from home options. Preferred working areas are audit and direct taxation. Can anyone help.

How is the career growth in Apisero as Salesforce Developer. Is it good company to join Apisero as Salesforce Developer

like

Favorite group fitness in philly?

anybody joined the Altimetrik. how is the company?

like

Got rejected from one of my desired tech companies, it's agitating but at least they didn't ghost me.

like

Hi, I want to apply for UX Designer role Accenture. YOE: 1
Help me understand the process.

like
likehelpful

Can someone please tell me in detail about the child care long term sabbatical leave at tcs?
What is the process, for how long and until what age of the child can it be availed?

like

Any idea about probation period of Blue Yonder? What is the time duration Blue Yonder

like

I have 20 days remaining in my notice period, and have not received any positive replies from recruiters. Can somebody pls pls give some referrals. 🙏🙏🙏

like

Welcome to the bowl

like

Any Deloitte employees nearby LB NAGAR HYDERABAD??Deloitte

like

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

like

How feasible is it to pass the case interviews at MBB without having done mock case interviews with other people? I’ve studied the frameworks myself and looked over numerous case studies.

funnylike

Additional Posts in Student Loans

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

like

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

like

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

like

Can grad students get $20k forgiven if they got Pell in undergrad but outstaning loans are only for grad school?

like

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

If you could go back in time what would you tell yourself before taking out student loans?

like

SOFI or who else?

I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

like

If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal