My son is borrowing some money for his last 2 semester of grad school. It will be the first money borrowed to date. It is less than $10k.
What I can't determine if he pays it off in 3 years does he pay 10years worth of interest on the loan?
Can someone set me straight?
What I can't determine if he pays it off in 3 years does he pay 10years worth of interest on the loan?
Can someone set me straight?