hey guys! didnt really know where to post this but im lookin for good imput on the best place to get a student loan , i thought i would be able to afford my schooling with the help of parents but $ is just tight right now and looks like im gonna have to get a loan,not really sure which company i should chose, dont want to get wrapped up in some ridiculous over priced intrest rates or anything just thought there's no one better to ask than good people such as yourselves any info would help thanks P.S looking for a small loan btw under $10,000 didnt know if that may make a difference on where i should start
Borrow the minimum amount you need to pay for tuition and books. Try to work a part time job to cover room and board. Really think it through. That kind of money will last maybe one year then you'll need another loan. I ended up with $10K in student loans at 8%. It took me around 12 years to pay off and I paid around $6K in interest. The average loans people are finishing school with are $18k. Thats the average for public college not private. $35k a yr average for private. Even with a $65k a yr job those amounts are unbelievably hard to pay off. And the interest really adds to the difficulty of repayment. I thought I'd never get my loan paid off.
