(Zippy Monster).......... Speechless! The bit of information I didn't know.
That is a vast amount of money to get unsecured. I hope those monthly payments aren't too high and it's spread over many years. I imagine at the time, the potential of a flying job with a good salary was high, so proberly seemed ok. I've heard of a few just the other day who are 24 and 27 and have paid off most of their debt having graduated through CTC. They obviously got jobs before the bubble burst.
Isn't it integrated vs modular time again???
lol, ask this question again in at least 1-4yrs time when the good times come back.
Each has it's own benefits and disadvantages, question is, what's better for people in times like now - I think we know the answer, play safe and least risk.