After the Federal direct subsidized/unsubsidized and school aid have been applied the general choices are Parent Plus from the feds or private loans providers (i.e. SallieMae, College Ave., Discover, Banks etc.).
Parent plus is currently an exorbitant 7.6% fixed and 4.26% origination fee. Has anyone gone the private loan rate? If yes, your experience and/or recommendations.
Please don't get into home equity loans, borrowing from 401(k), should have gone to a community college , kidnapping for ransom or you should have planned better - lol.
Thanx!
Parent plus is currently an exorbitant 7.6% fixed and 4.26% origination fee. Has anyone gone the private loan rate? If yes, your experience and/or recommendations.
Please don't get into home equity loans, borrowing from 401(k), should have gone to a community college , kidnapping for ransom or you should have planned better - lol.
Thanx!