Here's the deal...my bf's mom wants him to go to the college she wants him to go and won't let him go where he wants to go. He wants to move out and go where he wants. Is it very possible to do this by using college loans only, while attending full time with a part time job? He fears his mom will enroll him in the college of her choice, but he intends to enroll in the college of his choice, what is there to do?
2006-11-01 14:15:28 · 5 answers · asked by Amanda C 1 in Education & Reference ➔ Financial Aid
It depends on on the lifestyle he wants to live when he graduates. If he wants to attend a private school, he could have nearly $100,000 or more in student loans between the tuition, textbooks, and room and board. He needs to start applying like crazy for scholarships starting now besides filling out the FAFSA.ed.gov and hope for some grants. Also search Google.com and Yahoo.com for scholarships based on his potential college major. With the interest rates rising, it could make it pretty hard to live on a decent salary and student loans. There are families who used student loans in college not able to save for their child's college education. The idea to work a part time job to help with expenses is good, but wages tend to be very low in a college town due to the number of college students and jobs available.
2006-11-01 16:09:29 · answer #1 · answered by dawncs 7 · 0⤊ 0⤋
It's doable. The only problem is that if he gets loans that aren't paid back until after school's done with, he's stuck with those payments afterwards, regardless of his job status. If he gets his degree and doesn't get a good job afterwards, it might be kind of hard. Especially trying to pay back those loans and living off of the job you've got afterwards. Once the schooling's done, the loan payments stop, so he's got to be able to depend on his job in order to survive. I'm working full time with full time school. It's not easy, it just takes a little more motivation.
Good luck!
2006-11-02 02:28:10 · answer #2 · answered by Lynn 2 · 0⤊ 0⤋
Sure if you want to be straddled with about 70 k in loans after school is all done. Get half through and you still have to pay. You can not run away from them. They will take every tax return you ever get untill it is paid in full. so you might want to think twice on that road. Mom want to pay for it so let her. She should have the say as she is paying. You can always join the army and let them pay for it after his four year hitch that is if he is still alive... Dont wory that 70k will only be aout 500 a month for 20 years nto to mention all the credit card debt you will have when you are done with college... this is a real no brainer let mom pay
2006-11-01 14:22:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes. Try a private student loan. The money is sent directly to you, not the school. www.Schoolwork.org has a detailed list of the top student loan issuers available. visit: http://www.schoolwork.org/student-loans.html
2006-11-02 08:32:46 · answer #4 · answered by bluedevilstudent 2 · 0⤊ 0⤋
Yes, it is possible. I did it. You will have serious debt when you graduate but for some people, it's the only option. I worked full time as well.
2006-11-02 06:54:51 · answer #5 · answered by Anonymous · 0⤊ 0⤋