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11.0pt;font-family:”Comic Sans MS”;color:blue;”>When I hear
student loan, I think of Fannie Mae – which are low interest and you don’t gain
anything by paying them off early. The interest is included on what you pay
back and it doesn’t grow (at least mine didn’t 20 years ago – I don’t know if
they are different now).
11.0pt;font-family:”Comic Sans MS”;color:blue;”>From: Budget101_@yahoogroups.com [mailto:Budget101_@yahoogroups.com] On Behalf Of Lucy Anderson
Sent: Sunday, August 17, 2008 9:43
PMTo: Budget101_@yahoogroups.com
Subject: Re: Budget101.com : What
would you do?How do you figure?
Some home loans you can pay early and some have pre-pay penalty. But how
do you pay the same on student loan? Ours is growing in interest by leaps
and bounds, same as any credit card…. It would seem that if I throw my
snowball money at that, it should go down?
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