<p>yes, we can continue to take out loans in subsequent years; that is not a problem. We’re not talking about that much money every year to bridge the gap. And the interest rates are so low, I am not sure I would want to dip into our cash or retirement contributions at this point. </p>
<p>I just can’t figure out why anyone would reccommend taking out a 6.8% loan when you can get one for 3.25%? </p>
<p>If I am understanding things right, it appears that the rates on private loans to students which are cosigned by parents are quite a bit lower than student loans secured only by the parents. is that right? If so, why? Is it because lenders are banking on the fact that the interest is going to be acruing for 3+ years?</p>