Originally Posted by
Sam Rutherford
There are advantages to getting a discount for upfront payment - but there's a risk involved.
Too right - just think about it: if the school is wanting to borrow money from you, and is offering what amounts to an over-the-odds interest rate, this can only be
because they have already tried to borrow money from the bank at normal rates and been turned down. You're better at risk assessment than the banks, are you?