Penn State and Loans

Michina20
Thu, 24 Apr 2008 11:17:59 +0000

Thanks so much for the clarifications.

But can you guys tell me when is it that she will need to apply for the alternative loans?

Also, at this point, I have to guess that I will have to co-sign for the loans as she doesnt have a credit history. I read an article in the Wall Street Journal, where they said the freshman’s will have a rough time acquiring student loans and securing a low interest rate this year based on the economy and some lending companies not giving out student loans.

[The coming student loan crunch - MSN Money](http://articles.moneycentral.msn.com/CollegeAndFamily/CutCollegeCosts/TheComingStudentLoanCrunch.aspx?page=2)