Private College Student Loan

Question about Citibank student loans...very confused?

I have four loans through Citibank and I just graduated from college a week ago with my BBA. They have two ways of paying it back...graduated repayment or standard repayment. For graduated repayment it gives you a 24 months option and a 48 months option. 24 months option would be $128 a month then $212 and 48 months option would be $118 a month then $221 with more principal long term. For standard it would be $199 a month. I don't have a long term job lined up, just for sure doing an internship this summer making about $300 every two weeks. It lasts from May til August and then after that I am not sure what I am doing. Thinking about getting my MBA. Which one should I choose? And if it's graduated, should I do 24 or 48? Any help would be appreciated.

Public Comments

1. I'm not sure what type of loan you have but I believe you have up to 10 years to pay off a student loan. Please see the link below. http://www.finaid.org/loans/repayment.phtml