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Are student loans as scary as some make it seem?

I’m worried I won’t be able to get a good job after college to be able to pay back the loans. I’ve heard horror stories of people paying $900 just on interest rates. #college #loans # #job-search


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Ken’s Answer

College costs can be very high, but there are ways that you can reduce costs. Here are some suggestions: ## http://www.educationplanner.org/students/paying-for-school/ways-to-pay/reduce-college-costs.shtml


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Robert’s Answer

Student Loans can be scary. Unfortunately, if you want to go to school in America, it's likely you'll have to get them. If you don't find a job straight out of college (I know I didn't) you can always get your loans deferred. Depending on the kind of loan. while it's deferred it may not build interest, and that'll give you some time to get on your feet. You can also get your payments adjusted according to your income instead of being based on a set amount being paid over a set amount of time.

Here's a helpful article: https://www.investopedia.com/articles/personal-finance/082115/10-tips-managing-your-student-loan-debt.asp

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