Since I resumed taking classes for my MBA, I now have a new student loan. The way this works is I take a loan at the beginning of the “semester” and after each six-week class ends, I wait two weeks for a 90% reimbursement from my company. On my next monthly update, you’ll see my net worth decrease quite a bit, but as I get reimbursed for the education expenses, my value should normalize.
Some more late-breaking news: the rumor has come to fruition. Emigrant Direct is now officially offering an interest yield of 3.25%.
Updated February 6, 2012 and originally published March 14, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.