What are your thoughts on taking out a home equity loan instead of the direct unsubsidized loan? HELOC is on average a 3.5% interest rate compared to the direct unsubsidized loan for next year being 6.54% interest rate. For students who are able to, did you? Thanks in advance!
Home Equity Line of Credit (HELOC) for Dental School
- Thread starter Lem7
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One of the downsides I see to this are if you end up deciding that you wanted to use some kind of repayment program in the future - they only let you do that if you have federal loans I think.
