Choosing a Private Loan?

annikasorrensen
Sun, 24 Apr 2011 19:16:35 +0000

I am confident in the quality of my institution

I don’t think the questioning comment was whether or not the institution met certain marks of quality (which can be subjective or objectively measured) but more the question of “if you were to not finish the program, would the credits transfer to another college?” There are other questions to ask as well, whether or not it is an accredited institution and whether or not that is a criteria that will matter to you later down the road.

However, if all tuition, room and board are covered, what is left is negligible and I would actually advise not to take out any loans. An industrious student can earn 3-5K over a summer and additionally another 3-5K during the school year, which should more than cover books and misc. living expenses.