2/C Loan

[Wickler908]

I recently came across this tool for running through scenarios with your 2/c loan. I thought others might find it useful. It tells you the damage if you spend your loan and then get kicked out.

http://www.militaryfp.com/index.php?cID=152

 

[osdad]

My 1/C took the loan and invested essentially all of it in mutual funds. With even a low RoR she'll make out even if she gets separated right out of the academy. If she lasts 5 years she'll reap the rewards of compound interest.

But not everyone is as disciplined. Nice post.