Question
Well as of now I dont owe any student loans. I have attended an community college and I only took out an grant and i still had extra money left over. Now i have graduated and its time for me to attend a university but im scared i will be in much debt after i graduate. Do u think it would be better to go to a university and not have to borrow but only a few or do you think i need to experience the college life. I want to but im afraid that after i graduate i will be in more debt than i can handle. What do you think will be best to go off and experience college or think of my future and my credit. I'm kind of stuck in between a rock and a hard place please help me.
Well as of now I dont owe any student loans. I have attended an community college and I only took out an grant and i still had extra money left over. Now i have graduated and its time for me to attend a university but im scared i will be in much debt after i graduate. Do u think it would be better to go to a university and not have to borrow but only a few or do you think i need to experience the college life. I want to but im afraid that after i graduate i will be in more debt than i can handle. What do you think will be best to go off and experience college or think of my future and my credit. I'm kind of stuck in between a rock and a hard place please help me.
Answer
I was in your same exact position two years ago. I decided to attend the major university which required me to pull out some student loans. These loans are called "smart loans" and the interest (if federal) is pretty low. You also have the option to defer payments until six months after you graduate. Knowing that when I left college, with or without a degree, I was going to have debt gave me the determination that I needed to do well in my classes. Paying back the debt isn't that bad as the payments are usually low and in return build up your credit if you pay them on time. I'd advise you to go to a University, it really is a much better experience, educationally or otherwise. Check in with the university's financial aid, there are literally millions of dollars out there in the form of scholarships and grants that you can get by simply filling out a form. And don't forget to fill out your FAFSA! Good luck!
I was in your same exact position two years ago. I decided to attend the major university which required me to pull out some student loans. These loans are called "smart loans" and the interest (if federal) is pretty low. You also have the option to defer payments until six months after you graduate. Knowing that when I left college, with or without a degree, I was going to have debt gave me the determination that I needed to do well in my classes. Paying back the debt isn't that bad as the payments are usually low and in return build up your credit if you pay them on time. I'd advise you to go to a University, it really is a much better experience, educationally or otherwise. Check in with the university's financial aid, there are literally millions of dollars out there in the form of scholarships and grants that you can get by simply filling out a form. And don't forget to fill out your FAFSA! Good luck!
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