Quote Originally Posted by joecoolfreak
See, we got screwed on the loans, because they were unsubsidized, which basically puts them into the realm of signature loans, so the loans are between 10 and 13%. They are not locked either, so that is variable. It really sucks and looking at the total payout if we only make the minimum payments (820/mo or so) is enough to give you a heart attack. We are paying them off with as many extra payments as we can afford.

Edit: oh...and Brooke (these were all her loans) doesn't make nearly as much as Kate will =-(
man that sucks... i feel ya man... i told her we needed to take the best fixed rate w/ the lowest payment we could get; then we would make extra payments as neccessary. i found it funny too b/c the gov't would be like we estimate your school year to cost your say 30k; we will give you 20k and then we had to make arrangments to get the rest covered. f*cking ridiculous.