Surviving Student Loans and College Debt
By carefully choosing student loans, grants, and scholarships as part of your entire college financial aid package, you can avoid going into heavy college debt. Kimberly Palmer, senior editor for US News, discusses financial aid tips to help in paying for college and minimizing student debt and the differences between private loans and federal college loans. For more college financial aid advice go to www.usnews.com
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Filed under: DEBT LOANS
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fuck this bullshit, if you cant afford it dont buy it. Take a year off and live with your parents and dont fucking go to parties dont do anything other than working 2 jobs straight. And youll be straight for college. unless your going to medical school, but for most ppl youll be straight. If your parents force to you pay bills monthly youll save around maybe 15-20k. When you get that, go to a community college then a 4 year one and you good to go.
Oh yea, while you are in the process of gettin money dont ever feel like you are left out cuz all the “cool ppl are going to college” and you are working 2 jobs. These cool ppl are mostly middle class idiots setting themselves up for debt. If you have rich parents who will pay for your college then just disregard this message. Have a good day.
I’m suprised you never mentioned to START EARLY. That’s nearly as important as filling out FAFSA. The earlier you start working with your Financial Aid Office, the better.
Sallie Mae is actually a Klingon word that means sarlacc pit.
Have you noticed that there aren’t any debtor prisons any more? Get the loans, go to school, get the degree and don’t pay it off. Not much they can do really.
Going to college is not worth creating debt with an unmerciful government. Sometimes, health issues and certain mental and physical disabilities prevent a person from making enough money to barely survive on, but the government will still take their money. You can not take bankruptcy. You are trapped permenantly. There is no mercy! No forgiveness of debt. Don’t be fooled. A job is not promised at the end of your education. Education doesn’t always mean prosperity.
Words of wisdom. I’m an honor student with a a large scholarship. I work and make little to nothing. I came from community college paid practically nothing and obtained a better education than the one I am receiving now. LOL. After college I will have $20,000 in grant and bank loans. Private colleges should fail like the banks. Or, at least go back to what they used to mainly be, country clubs for the wealthy. They are obsolete and a racket.
The best thing is to learn a trade. That is the direction I’m heading in.
National Academy of American Scholars sponsors the NAAS National Awards; $250 to $25,000.00
Those adds can be misleading… Please don’t borrow $40,000 a year for college! If you borrow that much you will be in well over 100K of debt when they hand you your diploma.
The last 3 tips are the great. The most important one though is number 2… don’t over borrow! Borrow what you need to live your life and that’s it – it will only hurt you later.
kewl..im gonna try tat
kewl
JUST SAY NO!! ESPECIALLY MOHELA!! JUST SAY NO!! Go to school for free… A degree means nothing now a days!! I have 2!! and almost went for 3 and NOW I HAVE NO JOB AND HAVE STARTED MY OWN BUSINESS!! MOST MILLIONAIRES DO NOT HAVE DEGREES!!
Financial award? grant package? marketing words!! call it what is – a financial setback, a debt burden.
Are you serious DrBones666? I’m a sophomore taking out my second amount of loans and already I’m bugging out about it.
This is exactly the reason why Im doing pre-med/pre-pharm.
So I won’t have to worry about bullcrap.
Espcially having a history degree with a job working as a barista, and set back with 40,000 dollars! I laugh because I worked as a security guard and graduated debt free, and even had a savings. After 1 year out, I now have 50,000 sitting in my bank account
I took out loans and today paying back loans to the government is like paying back the mafia. If you don`t have a job or the money to pay, they will take it our of your paycheck when you do work and take your income tax return money and then after years of paying them through garnishments, they can and will sell your loans to a finance company for 24 percent interest wheither you like it or not. They won`t even tell you before they sell them. All the U.S. is about is MONEY
All True,,,IT guarantees you will pay them a chunk more of your pay in addition to the taxes. 51% of my income whent to the US government last year… THINK SERIOUSLY BEFORE YOU BORROW! Calculate the amount of tuition and realize that you will pay 300% by the time its all over….30 long years from now.
Now they tell me
Yeah–I have a degree in accounting that I haven’t used for anything. I mostly lost interest in the subject after I graduated and had some office jobs that I HATED. I’m just glad that I went to a school that was cheap at the time. Today’s 20-somethings are a “lost generation” with big student loan debt and few jobs out there waiting for them. I thought they were more “street smart” than that. Instead they were scammed into going to college and wasting all that money.
its simple really colleges are a big rip off unless financial aid covers for it don’t go and never take out “loans”. they just scam people and make a living off of you while you pay off those “loans” on hidden interest rates. I’m not even going to start with this college shit why do you have to spend 50k to 200k to go somewhere where you learn how to memorize useless shit then get “tested” for it and won’t ever use that “education” and forget most of it anyway give me a fucking break.