Started By
Message
locked post

Variable rate vs. fixed rate for student loan

Posted on 8/4/11 at 11:57 pm
Posted by DonChulio
Member since May 2010
386 posts
Posted on 8/4/11 at 11:57 pm
I'm getting a student loan and I can either choose a 3.2% variable rate or a 7.5% fixed rate. I'm new to this so I don't know too much about it, just the basics.


I have no idea what I'm going to do after school so it doesn't look like I will be getting a high paying job as soon as I graduate...meaning I'm assuming I will be paying this thing off for practically my entire life. Should I go with the fixed rate since that should be safer in the long run?
Posted by Interception
Member since Nov 2008
11089 posts
Posted on 8/5/11 at 1:18 am to
variable

but read the fine print...
This post was edited on 8/5/11 at 1:20 am
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram