Where do Muslims get money for college?

Question

I read somewhere that Muslim people can not take out loans. If so how do they pay for college, if they can't find grants and scholarships.

"Islam strictly forbids the giving or taking of interest on any loan in any amount. Interest is defined as a set return on a loan, and as such implies a profit based on no risk or effort – a principle completely against Islamic ideals. Financial profit is a result of effort or risk (or both), and interest seeks to undermine the risk-based nature of trade. Furthermore, in many instances interest is exploitative – it is typically used as a means of deriving profit from the financially weaker members of society by a wealthy class in whose hands the lent money is concentrated. With these people, a loan is not a favor done to help others or the society, but is used as a means of oppression and undermines social cohesion."
http://www.islamonline.net/english/introducingislam/Economics/article01.shtml

Answer 1

My husband is Muslim, and yes, it's true that Islam forbids charging and paying interest. BUT, I tell him that if he wants to live here, then he has to follow our banking systems, too. So he pays interest. We just save money (and draw interest) to pay for his college, and I take out copious loans for myself. Aaaah, the American way!

Answer 2

You're totally wrong, even in the Islamic countries there is a loans system and Muslims DO take loans. Whoever told you that wasn't so accurate.

Answer 3

Muslim students can take out loans, get grants and earn scholarships. Whoever told you that or where ever you saw that was bigoted and uninformed.

Answer 4

borrow from the rich oil company owners, friends of urs that u got down there i think they are sugga daddys for yo kind of folks hellllllllllllllooooooooooooooooooooooooo!!!!!!!!!!!!!

Answer 5

How about their rich relatives that own oil companies, hellllooooooooooo!!!!!!!!!