Free ride schools?

Lilliana330
Sat, 13 Jun 2015 02:13:20 +0000

“if it was the ‘perfect’ school for me, i’d be willing to be in debt for it”

You, the student, can only borrow the following amounts:

Freshman yr: $5500
Sophomore yr: $6500
Junior yr: $7500
Senior: $7500

You want to minimize debt as much as possible, but these amounts are reasonable.

Anything on top of that, your parents would have to either borrow themselves (federal PLUS loan, high interest but reasonable terms) or cosign for you (private loans, the worst). If your parents have a low income, it’s not recommended they take on too much debt or any at all.

No school is worth excessive debt.