[geeks] Q: Regarding Linux in K-12 education
Joshua D. Boyd
jdboyd at jdboyd.net
Mon Jan 18 18:51:46 CST 2010
gsm at mendelson.com wrote:
> On Mon, Jan 18, 2010 at 01:58:26PM -0500, Lionel Peterson wrote:
>
>> If he has 10 years to pay them off, that's over $1,300/month to pay
>> off the principle (no interest)... Twenty years would be $700/month
>> plus interest...
>
> Are student loans interest free? I thought they were subsidized, as in
> having low interest rates, the difference being made up by the state
> and Federal governments.
A typical student loan has a low interest rate (possibly subsidized) and
is deferred till graduation, but not all student loans have either of
those attributes.
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