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Home equity loan or education loan to finance CRNA school?



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  #1  
Old Feb 20, 2007, 04:56 PM
HillaryC (Female)
Senior Member
Join Date: Oct 2003
Home equity loan or education loan to finance CRNA school?

Hi everyone,
I'm thrilled to be starting an anesthesia program in August and I'm trying to get everything in order. My big question is, with regards to groups/institutions/states that will assume your loans, will they only pay back debt in the form of education loans? I ask because I need to refinance my mortgage at some point this year and am wondering if there are any benefits to taking out an additional home loan instead of an education loan. I am early in this process and still need to see how rates compare, but thought I would seek some advice from other soon-to-be SRNAs, SRNAs and CRNAs. Thanks!

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  #2  
Old Feb 21, 2007, 02:28 PM
Registered User
Join Date: Sep 2005
Re: Home equity loan or education loan to finance CRNA school?

You can always write off the interest on a home equity loan on your taxes. I'm not sure that an educational loan qualifies as a tax write off.

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Home equity loan or education loan to finance CRNA school?

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