Please only accept subsidized loans (accumulates interest AFTER graduation). Try to avoid unsubsidized loans (accumulates interest Everyday and After graduation). Please avoid paying out-of-state tuition, private student loans, and for-profit colleges like Everest, ITT Tech, and Anthem. Take courses at community colleges (they are legit). Prove struggles of parents (or yourself) to financial aid office: Foreclosure, repossession, separation, divorces, bankruptcies, debt settlements, death, new child, hospitalization, unemployment, reduction in income, food stamps, failure to pay taxes, wage garnishment, incarcerations, terminal illness or condition, etc. Choose credit unions. Banks are for-profit. Do not drop out of college = Less likely to repay debts.
Posted on: Fri, 21 Nov 2014 10:32:23 +0000
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