DO NOT borrow money from the Federal government “Direct Loan” program! We did that for one year and they are a nightmare to deal with. But what did we expect from a bureaucracy created to fund 0bamacare?
We can, by pinching pennies, pay for about 80-90% of our son’s costs out of current income. The rest we are paying through our home equity line of credit. Lower interest rate and the interest is still tax-deductible as mortgage interest. It’s much better than the government route.
“DO NOT borrow money from the Federal government “Direct Loan” program! We did that for one year and they are a nightmare to deal with.”
We never did that, but what was the nightmare?