Tuscaloosa in the summer

mom2collegekids
Fri, 03 Oct 2014 04:13:42 +0000

Joining the Peace Corp or the military does not cancel private loans, nor will doing so cancel Parent Plus loans.

The only loans that would get forgiven are Federal Direct student loans (or Federal Perkins loans)…not federal Plus loans, and not private loans.

The issue isn’t “a little debt”…the issue is a LOT of debt. You’re OOS for all publics. The $5500 from a fed student loan, and $4-5k from your parents is still going to leave about $25k-30k of uncovered costs each year.

How much are you thinking of borrowing TOTAL?