Should a parent cosign for a private student loan?

Elleya
Mon, 23 Jul 2012 12:12:44 +0000

Mmm, I definitely see what you are saying. I’m figuring that the best way to do this would be to go to CC first and either transfer or find an RN-BSN bridge program. There is, conveniently enough, a CC down the street but I am unsure about its nursing program. It drives me nutty that CC costs 5k/yr though.

They claim that if your GPA is over 2.5 you are guaranteed admission to a public school/UMass and if it is over 3.0 you get “a 33% tuition waiver on your in-state tuition costs”. I am not sure if this includes all tuition and fees but I remember that at UMass, tuition is only 1.5k/yr for in-state and I have a waiver on that for four years anyways. For transfer without a degree it covers 34 gen ed credits. I’m definitely going to have to do a lot more research before I entertain this option. My hope is that somehow I can stretch my mom’s money out for a little more than a year, even 3 semesters would be a huge help, plus having work study job + another job (and working my summer job now) would make a little dent in it. Again, much more research to be done.

edit: upon closer inspection, local CC has nursing…at its other campus that’s 30 minutes away. damn.