ETA with Student Loans

searcher profile

February 22, 2020

by a searcher from Yale University - School of Management in Silver Spring, MD, USA

I was wondering if any of you have undertaken this journey (or know someone who has) with your MBA student loans in tow?

Given the loans to purchase the company are taken out on the company’s assets, does having a personal student loan balance seriously affect your ability to make this work? I realize you would need to continue to service the student loans during the search when you have little to no income but wanted to know if anyone had some experience with this.

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commentor profile
Reply by a professional
from University of North Carolina at Chapel Hill in Atlanta, GA, USA
Agreed... Attempted while self-funded and then requiring a personal guarantee would be very tough, but I'm heading down the traditional funded route with a full load of debt and should be able to cover servicing with my salary.
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Reply by a searcher
from Babson College in Boston, MA, USA
I think it just needs to get figured in to an individual’s budget when they make a decision whether to self fund, or to raise a search fund.
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+1 more reply.
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