lawschool22 wrote:cotiger wrote:lawschool22 wrote:cotiger wrote:I dig it. My only comment would be that the Stafford interest rates are low. If they were set right now, it'd be at 6.3%. Not going to get down to 5.4% any time soon. Also, since GradPLUS is Stafford+1%, you could link those two.
Thanks for this!
I didn't know that about GradPLUS. So they would be 7.3% at the moment? And they now fluctuate w/ the 10 year t-note as well?
Okay, next question. What you would assume as far as appreciation on the rate? I don't really see it decreasing in the current environment, but I'm not sure what to factor in. Right now I have it set to appreciate 5% YOY. Obviously if we knew for sure we would be bond traders and not future lawyers, but your thoughts are always welcome.
Lol no clue. Buuut here's historical data: http://www.multpl.com/interest-rate/table
It seems like it would be a good bet to assume it'll be somewhere between 3-5%. Considering it's better to end up with less debt than expected than more, I'd say go with something at least like 2.8>3.3>3.8
It's based on the yield on July 1.