What do you think about student loans?
I was born in America, raised in California, graduated from high school in Texas, went to college in Colorado, and ended my education journey at Montana State University,University, where I earned my bachelor’s degree in agricultural business. In total, I spent $55,000-60,000 in student loan debt! That number seems low until you start adding interest toto it.
Student loans were originally meant to help students affordto get to get an education. But now they have become a huge burdenand a and a financial sinkhole.
My parents never had any type of student debt. However. However, they did go to college and graduate without much debt. I am thankful for their hard work and sacrifice, but I wish that money could have been put towards saving for retirement instead.
I believe students should get free tuition if they want to go to college.
I don’t know what to say about this question; I feel that it’s wrong to pay for someone else’s education.
Everyone should go to college for free. College isn’t cheap anymore.
I just got my first job out of college after working for 2 years while going to school full time. It was a great feelingto know to know that I no longer had any debt and that I was able to provide for myself financially. I highlyrecommend that recommend that everyone take advantage of all the opportunities that are available to them while they are still young.
I don’t know anything about student loans.
Student loans are fine. There shouldn’t be any problem paying off those pesky things.
I know plenty of people who have student loans. I wouldn’t mind having some myself.
I’m not sure what you’re talking about. I didn’t even have any.
I find student loans to be a good thing. If we didn’t have these loans, then we would have fewerfewer educated people, which means fewer jobs.
Student loans are necessary. People need to understand that.
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If you’re a student looking for education loan options, then you’re probably familiar with the big names out there: Sallie Mae, Fannie Mae,Mae, and many others. But did you know there are companies who specialize specifically in providing education loans? If you’re a teacher who loves what you do and wants to go back to school, check out these two great schools in Montana:
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The federalfederal government grants student loans to students who wish to pursue higher education. Student loan borrowers are given financial assistance by the federal government while they are pursuing their degrees by taking out loansloans to pay for school expenses. Students borrow money based on their future income, and the amount borrowed depends on several factors, including the student’s expected salary at graduation. After receiving a bachelor’s degree, borrowers have five years to repay their loans. Borrowers may choose between private lenders or the federal government to obtain student loans. Private companies offer different types of loans tailored toward specific situations, whereas the U.S. Department of Education offers only two types of loans.
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Students should apply for the right federal student loans, not necessarily the ones that interest them. In fact, some students may even end up with a balance after paying off their loans. A major reason for having to finance college costs is thatthat many schools charge high tuition fees, which makes the cost of attending college extremely expensive. Even though federal student loans are relatively inexpensive, they can add up over time if taken out incorrectly. Most importantly, students need to know what type of federal student loanloan best suitssuits their current situation.
For example, those who want to attend a four-year institution need to have both the direct PLUS loan and Stafford loan. Those who would like to attend a community college or technical school can take out either a direct loana direct loanor a or a Perkins loanloan. However, if these students want to go back to school later in life to get a master’s degree, then they may want to consider the parentparent plus loan instead. And finally, students who plan to attend graduate school need to look into Graduate Plus loans. These loans are specifically designed for graduate programs where the borrower has already completed undergraduate courses.
Federal student loans are issued by the U.S. Departments of Education and Agriculture. Both departments offer two categories of federal student loans: subsidized and unsubsidized. Under the former, the lender provides the funds and the federal government pays the interest rate – currently 3.86 percent. On the other hand, under the latter, the student has to cover the entire cost, and the federal government keeps the interest rate low at just 6.21 percent.
While federal student loans are generally considered to be among the best options for financing college costs, students can also opt for private student loans. Unlike federal student loans, private loans do not require any collateral to secure the loan, and the rates are much higher. Moreover, unlike federal student loans, private student loans cannot be discharged in bankruptcy cases. As such, private loans are especially suitable for people who cannot afford to miss payments and risk losing their home.
In addition to federal student loans, there are state-based student loans as well. While most states don’t issue federal student loans, they do offer various forms of scholarships to encourage students to study in particular areasareas. Additionally, some states provide low-interest rate loans to qualified students. To learn how each state awards its own loans, check out our guide.
While studying abroad is becoming increasingly popular, many students often find themselves in a financial bind when leaving the country. Fortunately, international student loans are available—andavailable—and they’re actually quite simple to take out. Whether you decide to go directly to an overseas bank or work with a third-partythird-party lender, you will likely be able to access funding quickly (often within 48 hours).
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When applying for a student loan, the first thing that you’ll need to do is determine whether you qualify for federal or private student loans. If you think that you might not be eligible for student loans, then you should probably start looking into personal loans, whichwe will we will discuss next.
Banks and credit unions sometimes have special relationships with universities to give discounts on tuition. For example, some banks offer lower interest rates than regular student loans, and they may allow students to defer payment until after their studies are completedcompleted. These deals aren’t always advertised clearly, so make sure to ask about them when you talk to a bank official.
If your car breaks down and you need a ride to the repair shop, your parents may be willing to lend you a few bucks to help you fix it. But if you’re fresh out of cash and need to buy groceries or run other errands, you may be limited in what you can spend. You could try asking for money from family members, friends, or neighbors — or you might turn to payday loans. These short-term, small-dollar loans are designed to tide customers over until they can get paid again.
I’m going to tell you about my experience.I’m going to tell you about my experience.I got a job online,online, and I earn $65/hourly. I was able topay off pay off almost all of my debts. Now. Now I am starting my own business. This is something I have always wanted to do,do, but II had no clue how to get started. I hope to inspire everyone out there with a dream and an idea to follow it. Good luck to everyone here!
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I am a student at theUniversity of University of Montana.. I have been struggling financially and need help paying for school. I want to be able to afford to go back to college to pursue my dreamdream of becoming a veterinarian. I’m not sure what I want to study yet though.. I justknow that know that whatever career I choose,choose, I would love to work with animals. I havehave been working since I was 16 years old in restaurants and fast food places while studying full time. I also worked at Walmart for about 2 years before I went back to school. At home, I take care of my aging dog and my younger sister and brother,brother, who both have special needs. My parents divorced when I was 12,12, and I haven’t seen them in over 10 years. Because of my financial situation,situation, I don’t think I should have to pay to go back to school. Help me!
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- Money.usnews.com/loans/personal-loans/personal-loans-for-students
- Credible.com/blog/student-loans/personal-loans-for-students/
- Govloans.gov/categories/education-loans/
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- Navyfederal.org/loans-cards/student-loans.html
- Wellsfargo.com/goals-going-to-college/loan-options/
- Whitehouse.gov/briefing-room/statements-releases/2022/08/24/fact-sheet-president-biden-announces-student-loan-relief-for-borrowers-who-need-it-most/
- Ed.gov/category/keyword/federal-student-loans
- Myfedloan.org/
- Navient.com/
- Usa.gov/student-loans