financeStudent Loans
#RI-6a6b0d75·7 months ago·
2
“Take out private loans for fall and spring semesters”
What Actually Happened
I'm considering taking out private loans to cover out-of-pocket costs for college.
What I wish I knew
"Private loans may have higher interest rates and fees than federal loans"
Advice to Someone Facing This Now
If I could tell you one thing
"Research and understand the terms and conditions of private loans before taking them out"
Regret Index
8/10
Clear regret.
The downsides outweighed what was gained.
The downsides outweighed what was gained.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
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finance Category
370
finance decisions logged. Avg regret 4.5/10 across the category.
Same Outcome Band
25%
of finance decisions land in the severe band the same as this one.
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