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Old 04-26-2006, 03:02 PM   #1 (permalink)
24giovanni
 
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Join Date: Jul 2003

Posts: 878

24giovanni

Default Computer school loan question

Hi, I was wondering if I could ask all you cert guys/gals a question. I was thinking on going back to school to get my A+, NETWORK+, Linux+ and MCP, other certs at a later time.

The question I have for you is in regards to a loan. I was planning on taking out a loan of $13,000. I wouldn't have to start paying back the loan until may 2008. If I'm able to get a job as soon as I get out of school I could make payments sooner. I know the economy is tough in this industry now but if have to wait until 2008 to make the payments of $160 a month the finance charge will come out to be $16,000 final total of loan would be $29,000.

Does that sound reasonable to you or absurd as it does to me. All opinions are appreciated.
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