Am I Crazy? - 8.08% graduate loan vs. likely higher business loan

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

Post Flair (click to view more posts with a particular flair)

Question

Post Body

Just wondering if I am being stupid here. Currently have 1 year left of a MS program and have the option of taking around 20k in graduate loans out at 8.08%. Also thinking of starting a business after I graduate and looking at business loan rates has me thinking I should just take around 16k (around net pay for the semester) to "live off of" and then use my pay from a graduate research assistantship to invest in index ETFs where I could likely make more than 8.08% (and if not cut my effective borrowing rate down to 2-4%?) until needed for future business expenses.

Is this stupid? Is this illegal?

Edit: Actually 7.05% not 8.08%

Author

Account Strength

10%

Account Age

3 months

Verified Email

Verified Flair

Total Karma

Link Karma

Comment Karma

n/a

Profile updated: 2 days ago

throwawayacct4587

Subreddit

r/smallbusiness

Post Details

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.

Posted: 2 months ago
Reddit URL: View post on reddit.com
External URL: reddit.com/r/smallbusine...