Federal loans, what??

bthomp1
Wed, 04 Aug 2010 15:57:55 +0000

It seems like a lot of the people in this position on CC only compound their initial mistake of falling in love with an unaffordable school by taking out huge loans for the freshman year while planning to transfer for the sophomore year. Then they have huge loans for college credit that could have been got for practically nothing at a community college and can’t get any financial aid as transfers at the second school. I know a gap year must sound like an eternity to an eighteen year old, but it is by far the best option in most of these cases.