I need to pay for the tuition for a 2-year graduate school program.
Since I don't have to, and can't, pay tuition of 2 years in advance, but need to pay interest, I want hold the value of my borrowed cash against the interest. I don't want to waste the interest. Is there any low risk assets with annual return that at least I can cover the loan interest?
The setting is like: Let's say I plan to borrow 150k USD to fund my tuition and other living expenses, and the tuition will be charged 4 times in September and January in 1st and 2nd year respectively. And let's say the annual interest rate is 1.7% with 3 years of grace period where I need to pay only the interest.
How should I do to hold value for my borrowed cash?