Just curious to learn more about the cadet loan program where cadets are eligible to borrow $30,000+ at (approximately) 1/2% interest. Questions are... - What is the term of the loan (over what period of time must they pay it back)? - What are the loan proceeds typically used for? Do some borrow to invest? - When do the cadets declare their intentions to borrow? - Do a lot of cadets decide to borrow the entire amount? - Do they declare just once in the beginning how much they wish to borrow or can they borrow additional funds over time? - Do the loan payments ever present a financial challenge based on their 2nd Lt. pay?