-- Posted by jc71corvette at 6:02 pm on June 22, 2007 Ok last year I managed to pay monthly payments for my 2 yr college. Well I want to return but I plan on using a loan this time. I read that private loans are like way better than fed loans because of intrest rates. I keep geting stuff from Chase in the mail. Any of you using this company? YOu dont pay untill you leave/graduate college? Like can I take out all the money i need for my 2 yrs or is it one loan=one year? -- Posted by paris in flames at 6:03 pm on June 22, 2007 sorata they pay it for you and you pay it back when you get out of college... pretty much that's it, you don't have to worry about college AND the loan. -- Posted by Aerorobyn at 6:04 pm on June 22, 2007 Go with a federal subsidized loan, if you can. On those, the government pays the interest while you're still enrolled full-time in school. -- Posted by AmyeMae at 6:11 pm on June 22, 2007 i think that the interest on a government loan is much lower than a private one. the one i have from the government, it's about 4.5%, and i don't have to pay back until after i graduate. then my dad borrowed money from one of his accounts (private) and the interest rate is over 9%. -- Posted by jc71corvette at 7:57 pm on June 22, 2007 Is it the Ford Loan? -- Posted by jc71corvette at 8:28 pm on June 22, 2007 or the Stafford -- Posted by jc71corvette at 12:02 am on June 24, 2007 huh -- Posted by AmyeMae at 3:13 pm on June 24, 2007 stafford. I've never heard of the ford loan