Financial Aid appeals..help!

sandkmom
Mon, 30 Aug 2010 06:28:52 +0000

It isn’t so much a finacial issue tho because I wouldn’t care much the price of the school is if I was able to take out a loan.



citygirl1018, PLEASE, be very careful with this thinking. If you are able to get such a loan and finance a private undergraduate education you will be paying it off FOR YEARS. There is a reason that it is difficult for students to get enough credit to do this. An undergraduate degree from Fordham or any other school will not get you the salary that you will need to comfortably pay off this kind of debt…in this economy you will be lucky to find work at all…and you will be sacrificing your future for a few years in college.

I know I sound like a parent here and you probably don’t want to hear it. But after 14 years of paying off my H’s law school loans and the sacrifices we made to manage that monthly payment, I see this from a different point of view then you do. And that was at least for a graduate level education.

I know you wanted to transfer to Fordham so obviously you are somehow paying for another school. Perhaps you could finish your schooling there and if it’s a CC, transfer to a SUNY when you are done. Taking a year off to work may lead to better credit and even a greater appreciation for money vs. debt but you also might find yourself unable to go back to school for whatever reason. It happens all the time…life just gets in the way.

Whatever you decide, I wish you good luck!



These companies know they are loaning to students…I’m sure they’re not expecting PERFECT credit…atleast I hope not!



And btw, it is MUCH more difficult for student’s to get credit due to recent changes in the law.