03-23-2016, 03:04 PM
(This post was last modified: 03-24-2016, 07:41 AM by futuremrsmlb.)
TrailRunr Wrote:Do you have to repay if you get canned? Someone else mentioned health, which is a huge risk as we get older.
If your cash flow is going to be tight (or worse) with a TA repayment event, I would take both the student loans and the TA. As the TA repayment terms expire, pay the student loans down. I don't consider this the same as indentured slavery since you will keep the matching funds in an off-limit savings account in case of a repayment event.
If I am let go through no fault of my own (layoff, reduction in force) I would owe them nothing. I hadn't considered using the student loans as a means to repay TA if needed. Something else to consider! Thanks
Bachelor of Science in Professional Studies
Open College @ Kaplan University
Completed
April 2016
Master of Business Administration
Kaplan University now Purdue University
In Progress
32 out of 60 credits earned
Open College @ Kaplan University
Completed
April 2016
Master of Business Administration
Kaplan University now Purdue University
In Progress
32 out of 60 credits earned