Financing Q from incoming MBA student: Applied through Juno and just got approved for a loan from Earnest. Three quick questions: 1) confirming that I can only borrow for the upcoming year and would have to reapply next year? 2) I got 5.16% Fix APR - should I accept or look elsewhere? 3) does having a co-signer make a big difference?

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

Also curious about these.

1) yes I believe that’s right — one year at a time and the upper limit will be determined by your school
2) that rate seems high. Isn’t the federal fixed rate around 4%? Why not consider variable rate given how low rates are right now?
3) I don’t know what difference it makes but my variable rate was very close to 1% last year with a co-signer

Related Posts

I’ve been primarily Infrastructure for close to 10 years now. More recently in the areas of DevOps and Cloud I want to add some security creds so I’ve been looking ass the CCSP and/or CISSP...

like

Im looking at new job opportunities out side of PA but struggle to confidently answer how much I’m looking to be paid. I’m so worried of over asking or leaving money in the table.
I’m in a SoCal HCOL and have been asking for 100k for Senior Internal Audit Roles (2 years) and working on my CiSa.
Is that too optimistic?

like

What are some good modern/post-pandemic personal finance books you can recommend?

Anyone have any advice for someone interested in getting an MBA to either go in-house or break into securities litigation. 5th year associate here.

like

AlixPartners I am expecting an offer for VP in financial crime/compliance and risk. I need to give them my compensation expectation. Currently working in Bank with 7+ YOE including 6 yrs in Big4 non-MBA (Masters in Finance). What is the total comp (base+bonus) that I can ask for? What is the general sign on bonus? Thanks in advance

like

Does anyone have the 2020 SHRM books for sale or to borrow? My job won’t contribute towards my certification. I’ve already paid for my test. I have the books from 2015 but I’d like to study from the 2020. I tried finding them online to purchase but sellers of affordable books aren’t responding.

How is MBA (Executive) with Specialisation in Business Analytics from NMIMS (Upgrad)?

Have anyone done that.. please share your feedbacks

like

What are people doing with their student loans now that interest is paused? Is it better to keep paying them off or to invest/save the money?

like

McKinsey & Company Anyone know if MBA sponsorship is available at McKinsey & Company if you join as an implementation coach?

like

Burned out in current role. 10-plus years post-MBA experience in Corp Fin role unable to move up to Director due to lack of "scope" - limited to no opps. Currently, work 40-50 hours week (minimal to no weekends) and earn ~250 TC. Work day is "intense" - many quick turnaround projects from task to task.

Is it worth shopping around? Can I get promo to Director level at another Tech company, earn more and still maintain same level of hours (limited weekend work)? Less intense days possible?

like

Retirement: what are some ways you’re preparing besides having a 401K?

like

Why does fractional real estate have such a bad reputation? For context, have about 2 million saved plus house worth another million. Early 40’s. Generally follow FIRE, but being cooped up for covid has been tough, and wanna buy a fractional out west at Jackson Hole, where I’d love to go skiing every year....so I have something to look forward to. Would cost about 50k for access to 1 week in winter and 1 week in summer. Plus HOA fees of 5k/year. Thoughts? Watchouts?

like

Hi Fishes,

I have previously worked for Reliance Jio, couldn't withdraw my PF money. How can I get that now ?

Looking for whole life insurance. Who is better Mass Mutual or Northwestern or NY life?

like

I'm looking at moving to rollover my 401k in to something that supports BTC and alt coins.
Any recommendations/ reviews on self directed IRA accounts out there that support crypto investments?

like

How to invest in Direct Growth Funds? I've created a CAN ID using MF Utilities. It asks me to login and proceed but I don't have my login ID generated. Should I wait for more time as my CAN ID was approved only yesterday?

like

Hi All. Have anyone applied for flexi basket declaration in HCL. Kindly tell me if there is any good tax savings or of no use.

like

Thinking of buying a used car to adventure around in-- what should i know about buying a car in CA?

like

More Posts

In August, Joe Biden referred to the "extreme MAGA philosophy" as "semi-fascism."

Do you think Donald Trump or other Republicans can accurately be described as fascists? Do you think journalists should describe them as fascists?

like

What is the salary should be expected for salesforce architect around 15 yr experience staying in Cracow ?

Database for M&A precedents? Trying to look for a share purchase agreement from a 2021 acquisition. Didn’t find it on EDGAR. Is there anyway to make sure the document is not publicly available? How can I get access to this agreement?

Bengali From Kolkata here ... bhalo acho sobaie ?

likeuplifting

Hello, I have a masters in health informatics management, but not certified. I’m very humble and thankful i have a job but it’s not where i want to be. What careers are best with my degree? I would love to have a career where I’m making decent money, any advice? Open to work from home positions as well!

like

Hi Fishes,
What should be the salary for Manager / Sr Manager having 14+ yoe in project/product service operations? I am at 32 lpa which I think is quite low having worked with top consulting firms for close to 12 years.

like

How do you incorporate warm up/bell ringer problems so that kids actually complete the problems and not just use that time to socialize?

like

Ideas for a night in alone? Feeling Chinese take out to start it right

like

FFD senior 1,2 and 3 salary in HCOL?

Curious what other opportunities are out there for licensed insurance agent in P&C, Health/Life/Medicare. No sales.

like

Please suggest some good yoga instritues in India!

like

L&T Infotech is hiring Pan India for below roles: Interested people can drop their email id's and Names with respective Job Id's .

Post Photo
like

Hello fishes,
I am currently working as project manager / scrum master in one of leading Indian MNC. Can someone please refer me in your company. Would share the profile in case you can. Please let me know the company name as well.

like

We are looking for product management professionals (5 -12 yrs experience depending on the role) for a Series A tech startup. DM me if interested.

like

Thinking of getting new portfolio analysis software. Dropped Morningstar due to cost. Anyone have any recs, or should I just use the limited options on Blackrock, etc, to access Morningstar?

like

My portfolio literally went up 15 pc in the past 2 hours

like

Desperate for help from HR experts!

According to California Law, employers must pay unused vacation. Each year, we are given 33 days of holidays, no accrual. I was just laid off and my employer only paid half of my vacation because it’s mid year. Is this legal?

In hibob it says I had 32.5 days accrued.

Thanks for your help!

like

Hai Fishes I have offer from infosys and Accenture

Skillset Pega can you please help me to choose a better company with WLB and career growth?!

like

Hi there

I am in need of some serious advice. I have been continuously harassed, ridiculed and spoken down to by a coworker who’s now even “threatened” to get me fired etc. We do not have an HR department and the only manager I can go to is also mistreated and not taken seriously. What do I do? I’m terrified.

like

South Florida office, have you heard when you can officially go back to the office?

Additional Posts in MBA Students

Anyone here a student at Ross able to answer a quick question about consulting?

likefunny

Hi! I’m moving to another state to start my MBA very soon. I do not have a car but would I need get a drivers license in the new state to ensure that my state residency changes for tax purposes?

How is everyone’s outlook on recruiting so far? Are people just starting? Are things looking fairly positive/like a normal new year or have your career offices said anything that would indicate otherwise?

like

Im loving my MBA experience but can’t help thinking about the school I had a hard time deciding between. Anyone else experience this?

like

Finally landed a summer internship. To the 1Y fish still grinding, don’t lose hope!

like

Does anyone have any recs on how to find scholarships for executive programs?

like

Anyone considered renting furniture vs. buying furniture for their apt?

like

Are Kellogg interviews in person and do you only interview once? I reached out after scheduling but haven’t heard back.

like

How do you think through your career options? Why would want to join consulting ?

like

Post MBA: associate at McKinsey strategy or associate at Morgan Stanley IB? Please help. Really struggling with the decision and not sure what’s the right move

like

Can M7 schools change? Ex, can Columbia or Kellogg be replaced by, say, Yale or Darden?

like

What laptop is everybody using? Are MacBooks as annoying as some people make them out to be during an MBA?

like

Any one attending Kellogg successfully receive more aid after being admitted and during their time at the school? I want to keep pushing for what I think I deserve 😁, tactfully of-course

like

Anything you wish you did 1-2 years before going to b school to help pay for the cost? (E.g., 529)

like

Does McKinsey negotiate mba offer at all?

like

Starting my MBA program next month. Any advice on achieving my MBA while working full time and mothering 3 kids 😬

like

How does recruiting for Tech (FAANG) work?

like

Have an EY-P interview coming up... what are my "why Parthenon?" answers?

Where my fellow MBA students at? Tired of only seeing ‘rate me’ posts on the MBA applicants bowl.

like

...when does the fun start? Currently doing recruiting and school 24/7 and a 2 hour Happy Hour catch-up with a classmate outside in the freezing cold means I will sleep 4 hours tonight instead of 6 hours because of the crushing amount of work to do.

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