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Educate me on Education loans ( sending yo kid to college )
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<blockquote data-quote="TacomaJD" data-source="post: 713667" data-attributes="member: 1780"><p>Got a friend at work that is 35 years old and still has about $15k left on his student loans and all he has to show is a Bachelors in Criminal Justice. Don't do it. Or if you do borrow any, borrow minimally and definitely push her to work while she is in school to help pay for it. </p><p></p><p>No grants or anything she can take advantage of? I understand the desire to move off to college, but it also sounds like a good time to throw some financial perspective her way so she understands the financial burden. Takes a long time to pay that **** off, especially on entry level wages after graduating. Also, what if she doesn't graduate for whatever reason like mentioned above and has no degree to help find a job, then all the outstanding debt is still there. </p><p></p><p>You could also try to promote an online degree from the same college so she can finish while still living at home without all the other shitload of money being blown on dormlife.</p><p></p><p>Definitely think it through before moving her off and kicking off the student debt wagon.</p></blockquote><p></p>
[QUOTE="TacomaJD, post: 713667, member: 1780"] Got a friend at work that is 35 years old and still has about $15k left on his student loans and all he has to show is a Bachelors in Criminal Justice. Don't do it. Or if you do borrow any, borrow minimally and definitely push her to work while she is in school to help pay for it. No grants or anything she can take advantage of? I understand the desire to move off to college, but it also sounds like a good time to throw some financial perspective her way so she understands the financial burden. Takes a long time to pay that **** off, especially on entry level wages after graduating. Also, what if she doesn't graduate for whatever reason like mentioned above and has no degree to help find a job, then all the outstanding debt is still there. You could also try to promote an online degree from the same college so she can finish while still living at home without all the other shitload of money being blown on dormlife. Definitely think it through before moving her off and kicking off the student debt wagon. [/QUOTE]
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