High EFC, but want loans!

northeastmom
Fri, 16 Mar 2007 09:43:44 +0000

hsmomstef, This is why when I was in college, my father asked me to pay for everything in cash, or by check. I did not have a credit card. He told me to continue paying this way as a young adult. If I could not afford it, I did not buy it. What a concept! That meant bargain basement shopping, but so what. I graduated from a graduate school with minimal loans, and no credit card debt. My father was a generous man, and sent weekly small, but reasonable amounts of pocket money so I was not going without essentials (I had money for my shampoo, and for a decent meal off campus once a week). I was probably the only one in my graduate school that did not have a car. It was inconvenient, but I survived. I even paid a fellow student who lived nearby to drive me to school many mornings. He was happy to have the extra gas $. When he was not available, I rode the bus and walked a few blocks. The excercise was good.