Dear Pete,
My son graduated from college in May and hasn’t been able to find a job. He’s living at home with me and has roughly $55,000 in student loans, which he’ll have to start making payments on in January. We’ve discussed having him go back to grad school in order to wait out the job market, so he can get a job worthy of his degree. Plus, if he does this he’ll be able to put his loans in deferment, thus relieving the need to pay on those loans for the time being. Do you think this is a good idea?
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