Had the idea to use student loans to pay for all of my educational costs (tution, room & board, books, etc.) while in school (undergrad, grad, etc) w/deferred payment, and put all the money I earn working part time while in school towards investing (stocks/bonds). Good or bad idea? Any suggustions/advice?
I'm on my own to pay for school, but want to get my retirement funding started sooner than later...figured this would be a good way to do it...especially since I could write-off the student loan payments once I'm making a good income and high returns on my investment returns, lowering the income I have to pay taxes on later, correct?
2007-03-25
19:24:19
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8 answers
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asked by
Anonymous