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Updated over 9 years ago on . Most recent reply

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Benjamin Olson
  • Student
  • Bemidji, MN
0
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7
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Does anyone have any insight on using student loans to invest?

Benjamin Olson
  • Student
  • Bemidji, MN
Posted

I recently spoke to one of my professors who had mention that he used student loans to purchase his first real estate property. I asked if he thought that it was a good decision to do that. He replied that he thought it was a great decision on his part and had also used student loans to buy his first shares of stock and bonds. He mentioned that it worked well because you don't have to start paying back any loans until you are finished with school. Im assuming that they were federal and state student loans. 

Is there something missing to this? 

Are there any other good points that have been missed? 

Most Popular Reply

User Stats

181
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61
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Darlena Jones
  • Strafford, MO
61
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181
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Darlena Jones
  • Strafford, MO
Replied

Well, it might be illegal (depending on the type of student loan) and is unethical since student loans are to be used to pay for education.

http://www.investopedia.com/ask/answers/100314/it-...

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