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Dec 3rd 2003 | #131684 Report |
Member since: Oct 6th 2002 Posts: 1003 |
I dunno how it all works over in the UK, but here (US) you can have co-signers, typically your parents who essentially put their credit on the line for you to take out a government loan.
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Dec 3rd 2003 | #131685 Report |
Member since: Jul 19th 2003 Posts: 810 |
ye i would get a student loan but i cant. ill just have to apply for a scholarship!!
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Dec 3rd 2003 | #131687 Report |
Member since: Oct 6th 2002 Posts: 1003 |
Damn that was fast Yeah, don't worry about money, student loans are one of those inevitabilities of college. I am presently about $1300 in debt already, and about to be about $6000 in, if all goes as planned for next semester. Mind you, I'm only in my first year, AND I'm going to a dirt-cheap community college. |
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Dec 3rd 2003 | #131690 Report |
Member since: Mar 18th 2001 Posts: 6632 |
I just read an article in Reader's Digest called "Degree in Debt" where it says most kids come out of college so far in debt that for the next 10 or 15 years they aren't any better off than someone who didn't go to college. Some are even declaring bankruptcy before they even graduate. Then their credit is ruined for the next 10 years and they can't get a car or house most likely. Most leave college with like $20,000 to $30,000 in student loans, and can't even make the payments when they graduate. Plus they many times have a dozen credit cards with thousands of dollars of debt on those. And college tuition is increasing at like 3 times the rate of inflation. Most parents that put money in those tuition saving thingies can't even pay for all of college because the tuition has inflated so much since the time they originally put in the money and planned on how much to save. sounds like a bunch of bull**** to me. |
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Dec 3rd 2003 | #131734 Report |
Member since: Jun 20th 2003 Posts: 1203 |
Thant's why I need to get scholarships for college.
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Dec 4th 2003 | #131739 Report |
Member since: Nov 26th 2001 Posts: 2586 |
Student Loans Suck! But they are pretty cool until you have to start paying them back =\.
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