Comments on: Student Debts are About to Get Deeper

By: Zac Bissonnette Explains How To Get Through College Debt-Free : College Candy

Zac Bissonnette Explains How To Get Through College Debt-Free : College Candy — Tue, 31 Aug 2010 16:02:20 +0000

[...] planning, people turn to student loans, which, as any college student who has taken them out knows, are a major stress-factor that can impact the rest of your life. Not only do students feel like they have to take out more [...]

By: Sheri

Sheri — Thu, 14 Aug 2008 19:17:20 +0000

I'm feeling the pinch already as well! I'm an entering freshman and despite having merit-based scholarships that offer nearly 100% of the $50,000 price tag of my "dream" school, I've had to pay almost $3,000 out of my own pocket for associated costs because PHEAA (the MEFA where I live) has stopped offering loans as well. And the bills just keep coming! My parents can't do anything to help because things are tight for them too. I suppose this is part of why I'm going to college, so life can be a little easier later on. But it's definitely a pain now, and it sounds like the end is starting to not justify the means with this ridiculous market. I guess the best I can do is hope the economy is better when I graduate!

By: PublicSpeaker

PublicSpeaker — Mon, 11 Aug 2008 01:40:26 +0000

Ash I am in the same situation, except my father is unemplyed and my mother has borrowed all she can against her retirement, and I am still 2000 in the hole. My school decided to raise the tuition making it over 30, 000 and neither me nor my parents are eligible for private loans. My school's financial aid sucks a$$. Also I agree Beth, I often wish I opted to go to a cheaper university but I have two years in at my school and nothing going to stop me from getting my degree and going to law school, not even all this b.s. with paying for school. I really believe that the schools, states and federal govt dont understand how difficult they are making it for college students to excel in college let alone attend, we are the future as corny as that might sound and they are hurting "the future" badly, we need support not more bills and less solutions.

By: beth

beth — Sun, 10 Aug 2008 12:47:25 +0000

I meant to say heading… whoops!

FYI my major was finance, not English, I was just making it known that the English program was much more rigorous at ASU.

By: beth

beth — Sun, 10 Aug 2008 12:45:29 +0000

People need to re-consider going to smaller state universities at least for a couple of years before headed out to a 40K a year school… your credits transfer and you save a ton of money… I'd rather pay 3000 a semester than 20,000! Plus, if you go local you have all sorts of breaks and you can work as well. I paid for my own schooling (or what wasn't covered by my scholarship)and didn't have to get a loan or ask my parents for help. It's a smart decision and you're not compromising on education….every single one of my credits transferred- and I actually had a better English education from Augusta State than I did at UGA.

By: Heather

Heather — Sun, 10 Aug 2008 03:35:53 +0000

in new jersey, if you graduate in the top 20% of your class, you get 4 years of tuition pretty much paid for (15 credits per semester the first two years, 18 credits per semester the second two). we need more programs like this, its whats pretty much giving me the opportunity to go to grad school, and definitly was a major motivator when i was in high school (i ended up being around the top 18%… so phew on my part).

this was all thanks to governor mcgreevy. he may have been involved in scandals, but i have to say, hes one of my most favorite politicans if for this only

By: Ash

Ash — Sat, 09 Aug 2008 22:58:38 +0000

With two weeks left until my school starts again, I still don't know if I will be going back for my junior year. Unfortunately my parents are divorced, and currently going through court to fight about my finances. There are no more loans available to me, and my mother has even taken out personal loans that ask for $500 a month. So I'm crossing my fingers that I get some money somehow.

By: snarktastic

snarktastic — Sat, 09 Aug 2008 17:14:20 +0000

my undergrad institution cost 50k a year. fortunately, i had several merit-based scholarships so neither my parents nor i had to take out loans. unfortunately, i'm headed to grad school this year with 50k in loans [after my scholarships were factored in] each year for 3 years. if the loan companies fall through, that's a HUGE problem for everybody. 4k in assistance wouldn't even touch it. here's hoping the big loan providers continue to do so.

By: Aislinn

Aislinn — Sat, 09 Aug 2008 16:49:23 +0000

I'm still waiting to hear if my] loan this semester is going to come through or not and as of right now I have $50 to my name and bills that just keep coming in. My parents pay for my tuition as of right now but they don't pay anything else like rent, bills, food etc and I'm not sure how long they will keep paying my] $40,000 a year school. I don't know what I'll do if I can't get loans, I don't want to graduate with a ton of debt and I don't want to have to drop out, I guess we're all just playing the waiting game now.

adreamorvision.blogspot.com

By: Brittney

Brittney — Sat, 09 Aug 2008 16:47:28 +0000

Oh my god. That is soooo terrifying.

It makes me count my blessings for my scholarships and hope those ARE secure throughout the next 3 years.

For the longest many students thought that college was the way to escape the financial troubles that faced their family, promising lots of open doors once they graduate… Now it only opens one large door to hopelessness.