Grad Plus loan vs investment

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enigma85

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Let's say I have $15,000 in a mutual fund.

I also qualify for $15,000 for a Grad Plus loan to cover my cost of attendance for my first year.

I am strongly thinking about liquidating my mutual fund to help pay for living expenses. I figure I am unlikely to make more than an 8.5% annualized rate after taxes over the next 4 years in my mutual fund, so I would be better off taking it out now.

Any advice?

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Do you have other funds available in case of an emergency?

You will probably make out better financially by not borrowing, but this could put you in a stressful situation.
I'd make sure you have at least 3-6 months of living expense $$ readily available.
 
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