2006-06-12 04:29:05 · 3 answers · asked by HEY boo boo 6 in Education & Reference ➔ Special Education
It isn't the loans, it is the cost of the degree. All loans do is "defer" the cost until you are working. Since college tuition, books, etc. has become so expensive, paying it back afterward often costs more than what you earn (after taxes, bills, etc. are taken out).
As teachers, we can get some additional help with interest forgiveness, or even loan forgiveness if we work in a low-income area. It helps a little bit.
Oh, also, if both you and your spouse have loans, you can combine and consolidate them to make one lower payment rather than two payments that are more costly together.
2006-06-12 16:42:41 · answer #1 · answered by spedusource 7 · 2⤊ 2⤋
YES...they make it so that you cant live. They want 280 from me and 320 from my husband...that is more than both my car payments....are we not supposed to eat or pay our mortgage.....
we are trying a new thing called....we are just not going to pay them...lets see how this works out :)
2006-06-12 11:36:28 · answer #2 · answered by blperry18 2 · 0⤊ 0⤋
Not if you have a good paid job or business.
Get two or more jobs.
2006-06-12 11:35:46 · answer #3 · answered by rich 2 · 0⤊ 0⤋