student loans...?

[newresolve]

I had decided that I did not want to take out any student loans this time around, as I am still paying my old ones.

However, today I started thinking...

As of September I'll be paying about $350/month for classes, and $200 towards my credit card (or more when I can).

If I were to take out student loans, I could put $550/month towards my debt instead. And the student loans are interest free until I graduate--and after I graduate, the interest rate is much lower than credit card interest.

So I *could* save a LOT of money on credit card/credit line interest if I were to take out a student loan now and put all my money towards debt reduction. Then when I'm finished school, all of my debt will be paid off except the student loans.

I don't even know if I would qualify for student loans right now--might make too much and/or have too much debt already. but if I did...? What do you guys think?

[newresolve]

hm, I just checked the student loan website and it looks like I wouldn't qualify anyway (make too much). So I guess it doesn't matter.