Worries over student loans?
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gannon
Apprentice
Joined: 11 Nov 2005
Posts: 4
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 Posted: 01/19/08 - 06:11 Post subject: |
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| Hello, guys. I have just started with my faculty and there are different student loan offers around me. Everybody promises everything, but I am not sure. I must admit that I am little worried since I will have to pay it back later. What are your experiences? Should I worry? Thanks in advance. |
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templeton
Apprentice
Joined: 14 Feb 2007
Posts: 10
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| Posted: 02/18/08 - 04:52 Post subject: |
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| Hello, there. Student loan is one part of the educational loan. There are also parent loans, private student loans and consolidation loans. You will have to pay back your student loan with interest! If you don’t want to pay back anything, then you should consider scholarship. But, you should know the conditions for scholarship are more severe than the ones for the loan. Very few students manage to finish college without education financing. About two thirds of graduated students have some loan debt. This average debt is about $19.000. I hope you will think about it well. Best of luck! |
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