Re: Question about student loans
student loans are not income. (quite possibly no loan is income). OTOH, student loan interest is sometimes tax deductible and sometimes defered. so, it's a good idea to load up on low-interest and possibly fixed debt over a long time, such as a student loan and mortgage. it is a bad idea to load up on debt and gamble with it. if your fixed loan rate is <3% (unlikely but possible), you can make money by just taking the loan and putting it into a money market account, or a CD, with no risk. putting it into a stock would involve risk, so i would call that gambling.
having said that, your mileage may vary... do you have any undergrad loans? do you have any other loans, car/credit card that you can pay off with this low-interest loan? how long are you in grad school for (1 year or 5 years)? how long do you have to repay the loan? is it private or federal, subsidized or unsubsidized? will you be able to consolidate it via a federal program?
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