Being Forced To Graduate:Large Credit Hours Deny Financial Aid

Paying for College
1

<p>Hello.</p>

<p>Around December, I received an email from my school that my financial aid
might be canceled because I have close to 200 credit hours.</p>

<p>I went to the financial aid office, was told by counselor that the federal
government is cracking down on students that accumulated too many credit
hours and have not graduated.</p>

<p>At this point, I am majoring in economics and I want to change, however
I got too many credit hours and since I have taken a couple of econ courses
(I am taking the last econ course of my college career), I have to graduate.</p>

<p>Right now, I don’t like economics. I don’t know why I choose the major in the
first place.</p>

<p>Second, I don’t want to graduate at this time. Even though the so-called
economy is getting somewhat strong (recent news of increased number of people getting
hired), college students are still struggling to get hired.</p>

<p>I had submitted a letter to school’s financial aid board and was approved
to continue in taking classes this semester, but deep down I want to
drop my econ major and take a major that is recession proof when I
start working. I want to stay another year in school until the economy improves.</p>

<p>What should I do?</p>

2

<p>Sorry, but you can’t keep getting federal aid forever. The number of credits for which you can receive aid is limited because the point of aid is to help you get a degree. At some point, you either have to get the degree or the government is going to stop subsidizing your schooling. You can keep going to school. You just have to pay for it yourself.</p>

3

<p>I assume your post is a joke… right?</p>

<p>If not, this is a prime example of why FA should be much more limited.
Unbelievable.</p>

4

<p>You should get a job so that you can afford to pay for your education, or you can apply for a loan (and I hope it is not going to government guaranteed loan, because we, the taxpayers, already paid enough for your education).</p>

5

<p>Ok just to give the OP the benefit of the doubt- were these credits accumulated at the U or did you have a lot of AP credits? </p>

<p>I’m in a position with lots of useless AP credits and am in kind of a similar position financial aid wise (though I made it JUST under the mark where they stop giving FA). Though I’m still only receiving the same FA as someone pursuing a 4 year degree would.</p>

6

<p>What major is recession proof?</p>

<p>In all honesty there are many kids who do not want to graduate after 4 years, that’s why they invented hundreds of masters degrees. The unfortunate part is that you need to pay for many of them.</p>

7

<p>If you want to stay in school, why not apply to graduate schools? There’s really no getting around the fact that federal aid is limited.</p>