|Posted: October 2, 2016, 4:14 pm - IP Logged|
I try to tell as many young people as I can.
"Do not borrow Money from Sally Mae".
It's not a lot of jobs in America, where they can afford to pay all that money back , plus interest, and live above poverty.
It's just not.
A few might get lucky, but, most will not.
What's wrong with starting at a community college? Using grant money? Hello?
99% of the people I know, "Owe Student Loans".
You will be paying back the rest of your working life, and they do take your taxes if you fall behind on your payments.
I had one student loan in my lifetime, $2,500.00. It took me a long time to pay it back plus interest, @ $50.00 a month.