What advantages disavantages of apply a Student loan College ?
I plan on attending college soon, wondering If I apply student loans ? Applying a student loan, is a good or bad ? Best Regards Jordan- Good - you get money to go to school if needed Bad - you come out of school with a big debt you have to start paying back
- If you don't qualify for full State and Federal aid or you need extra money to help pay expenses while you are going to college you will want a student loan. If you do qualify you don't need one. I wouldn't get one if I didn't have to. It's another bill you have to worry about when you graduate
- Student loans are a wonderful opportunity to those who need them. Here area couple of things to keep in mind when borrowing. Use them only if you are in the last two years of your bachelors degree program most people drop out their first two years and then end up with debt and no college degree OR if taking out a student loan is dependent upon you attending. I also encourage people be smart borrowers. No private student loans or loans to cover the cost of out of state tuition. IMO private schools are for those who can afford it without borrowing. A private college education is no different than one offered at a good state school. Unless you are going to Harvard, Yale or MIT no one in the world of work will really care or remember where you got your degree anyway. Opt to take 2 years at a community college and transfer to a private school your Junior year if you are really into that sort of thing. If you have to borrow, take only what you will be able to afford to pay back when you graduate. Be sure its relative to the major you are getting. 120, 000 worth of debt to be a Doctor - with a payment of 1, 200 a month is okay because you will be able to afford that payment when you graduate. Borrowing 120, 000 to be an elementary teacher is a bad idea because you can't make that 1, 200 payment with the expected salary Don't borrow more than what you would expect to earn your first year upon graduating from college and you will be able to afford the payments. If you have to borrow to go to school then you should also get a part time job preferably work study to help with living expenses - even if its just a couple of hours a week tutoring it will help defray costs. Good Luck
- It's good, it means you don't have to pay for college until you're done. You'll have some payments to make but not much, not the chunk of it
- It's good and bad. Good because it will help finance your schooling. However, you do have to repay those loans. I'm almost 45, married and a mother of 2 and just graduated with my BA. Schooling cost 55, 000 and I have about 27, 000 in student loans. Part of the money was used to pay for bills because my husband and my part time job could not cover everything. The bad news is that now I have to repay about $200 per month after consolidating for the next 20 years. So, while it helps in the short term, try to find other ways to finance your schooling. Take on part time jobs, go to school part time while working, or apply for any and all scholarships and grants
- The advantages are you have the money to further your education immediately. The disadvantage is you have to pay it back with interest. But to get ahead in life you need an education. Take the risk and go for it
Knowledge Base
So. Anyone hear anything about the new round of stimulus checks?
another round? no. not since last aprii tax season my last one was swallowed up by an old student loan. no, but soon buying a brand new car will be deductable. free money for the supply and the demand, screw the free market!. last i heard this stimulus package was (federal student loan consolidation)
I info loan debt consolidation student loans debt ?
what is loan consolidation and debt consolidation? how does consolidation work, what are the different options for consolidating? what are the advantages and disadvantages of consolidating debt and loans? what are the best tools and calculators for showing results of consolidating? so, i want a list of the most useful (college student loan)
conservatives: federal student loan program?
i thought you supported the average middle cl family. do you think it helps the students, just like how you think the lack of social programs helps the poor? en. wikipedia.org / wiki / federal_direct_student_loan_program. they think only the rich's kids should be able to go to college. i hear (private school loans)
Knowledge Base: College Loan
How can I get a loan for college without any credit?
i just enrolled with the university of akron. i now have almost $4000 due by the 23rd of august plus i have to pay for things like books, computers etc. i really have no one who can co - sign for me, my mother has very poor credit, and i (college loan corporation)
College Loan?
i am applying for a college loan and is asks how i want to make the repayment. 1 full deferral 2 immediate repayment 3 interest only. what is the best option for a student that doesnt make that much money to repay it ?. do not choose immediate. that means (college loan)
I pay rent to my parents, can that help get a bigger loan amount for college?
i want to go to college but i do not have money to pay for it. i am still dependent so i do not qualify for any grants neither do my parents. i have to resort to loans. the problem is that if i go to school, i can not (college student loan)
What is a typical interest rate on a college loan?
just trying to establish a rough calculation of how much my total financial aid / loan process is going to cost. what is a typical interest rate for a college loan? how long are the loans usually? 10 / 15 / 20 years? thanks!. it depends on the loan. for (loans for college)
Are there any personal loans for college students with less than perfect credit?
i am a college student and i am looking to relocate closer to school but i need a legit loan for less than perfect credit. any ideas?. try this site i have used it : biz - fin1. notlong.com / 9aa5wxx. have you tried the school's financial aid office? that's (college student loan)
Knowledge Base: College Student Loan
Any experience personal loan college, student loans run out?
i went to business school for my ociates prior to working on my bachelors, and i am a jr now, but ive run out of student loans. how hard is it to get a student loan from an actual lender without a cosigner?. it's virtually impossible to get a personal (college student loan)
How or I find a co signer a college student loan!? !?
i am about to lose my college education in a few weeks time because i am unable to find a credit worthy co - signer. i do not know any in my personal life, so how and where can i find one in the really real world. please help me, (college student loan)
Can someone explain to me how a typical college student loan works?
i just need to understand how it works, use hypothetical numbers for the interest rates, how much the student makes a month, how much money he or she is taking out, etc. actually for the student just make it say the student makes about $500 - 600 a month and (college student loan)
What advantages disavantages of apply a Student loan College ?
i plan on attending college soon, and was wondering if i should apply for student loans ? applying for a student loan, is this a good thing or bad thing ? best regards jordan. good - you get money to go to school if needed bad - you come out (college student loan)
What is a reputable Student College loan company?
i am going to college in spring, and i need a student loan. i have a cosigner, my mother, and need to look over lenders. i am considering citibank. please let me know. i did a lot of research for this since i recently got a 20, 000 loan. i (college student loan)
