Should i take out student loans?
I need more money to pay for school because my parents will not pay for my schooling so i am doing it on my own and I need a way to pay so would loans be a good idea? #loans #college #financial-planning
Hello Kysha, great question! College is expensive and you will need a source of finances ... loans are fine, but remember ...you must pay them back, so minimize, minimize, minimize them. Loans from the government via FASFA is one source, friends and relatives are others. Myself, I worked and did not take out loans (this was many years ago though!), my 4 kids (two have graduated and two are still in college) have all taken out loans and one had a grant ... but all have worked to keep loans down. It may take longer to work your way through, but when there is a will there is a way. Don't get discouraged!
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