Type something and hit enter

ads here
On
advertise here

Hi everyone,

I just started grad school and have to pay about 25k for my next semester's tuition. I have about 28k in non-taxable cash that I can either use to pay for the tuition and avoid taking out a loan. But I am wondering if I should instead invest the cash and take out the loan? The loan would have 4.3% interest starting Jan 31, 2021.

I am also considering only taking out a partial loan and using some of the cash to invest. I am also very new to investing.

What would be the most financially wise plan? Thank you in advance for any help.

edit: sorry, I forgot to mention that I also work part time to cover my groceries and basic needs. My family also helps out as much as possible, particularly for rent. I am also in medical school if that makes any difference at all. Thanks again.



Submitted December 24, 2020 at 07:10PM by catchingEosinopheels https://ift.tt/3o0qZLu

Click to comment