As I am only a freshman in high school and my sister is a senior I see the trouble she faces about students loans. I plan to go to college where it is the most affordable, but I can also get the best education. College does set the rest of your life in place, but I do believe that all colleges are great and can provide a good education. This belief leads to the belief that I will attend the college that will provide me with the best financial aid offer therefor I will not cause a huge financial strain on myself nor my parents.
I am not certainly sure how to finance my college education. However, I had applied to FAFSA and TAP financial aid, which I think will help me cover more than the 50 percent if not all of my tuition. I do not have in mind to take loans of any type; I do not want to end up chained to a big loan which will stuck me from getting my financial independence. I believe the government financial aid is a great support for all the people who do not have the resources to afford their college education. The money factor highly influences my college choice and major. My low resources prevent me from entering my dream college, so thinking in my pocket, I decide to enroll in an affordable college and take a major which I like and also will help me achieve my goal of success and financial independency.
Many people who want to study do not always have a lot of money saved in the bank, so the first step people doing is looking for any financial support, inside the family or any financial institution. Sometimes the choice of college or major could be affected by money because the price of the college is more than you can earn when you have a job. However, the interest on loans that you have when you graduate is high, so it is better to pay as soon as possible. Many students when need to choose the major they are looking at two things, according to their skill and where they can earn enough money to pay their loans.
I know how to finance my education and the majority of all my friends know. I applied for the financial aid in order to pay all my education. I do not have in my plan to take a loan because I already have financial aid, but if one day it’s necessary to take a loan, I would take that help. I know that many people do not have the opportunity, to take financial aid because maybe they are not residents or they have any problem with legal documents or things like that. It is important receive to information about these kind of things because it is about two important things money and education. someone who comes young to the U. S. A may not have enough information and that is the problem.
Many students who are going to college have to decide how they can afford the 4 years or more. For some students the only way to go to college is taking a loan, where they can pay back through the years after graduate. However, students must keep in mind the purpose of this debt is their scholarship, so they bet their future. Not only do they need to think about how much money they need to borrow, but they also need to know several questions about it. Once they receive all informations they need, they will know if they are eligible for a loan
I am a Student who is planning to apply for financial aid, however, at this moment I do not know a lot of information about this topic because first, I have to take my English to a high level and after I will finance my career. If I think to take out loans, it concerns to know how much money you would receive and how would it be the way to pay. This article says the new rates would increase monthly payments and this means I should be able to find a full time job and fulfill the loan obligations. Money is an important factor in everything that you have to achieve and more in choice college or our major, because it based in our income we could receive the highest or lowest loans. Furthermore, it is wise to be caution and conservative with loans and do not spend on another thing.
About student Loans, I am one of many students are planning to apply for one. This does not mean that I will get it but I will try to, otherwise I have to get a full time job, and study at the same time. As the article cites rates would increase monthly, not only we have to pay for education but also everyone have many others responsibilities. Therefore, education and living in the United States are expensive, and having higher rates in interest loans make everything even more difficult but not impossible. In addition to take a student loan still could be helpful to reach what we want. We just need to manage the money very cautious, also spend it wisely and of course be aware about the responsibilities that you acquire about borrowing money.
No one say college is easy, especially for those who cannot afford it. I think that since the first time when you make the decision of attending college, you should be planning how you are going to finance your Education. Diane Cheng, associate research director, said that, one way to help manage the debt burden is to be conservative with loans in the first place. Some students do not how to finance their education, it may be because they are not receiving enough Academic Advisement and they are taking out all of the loans they are, authorized to borrow. Another big mistake students make during their academic education is choosing the wrong career. Therefore, many students end up graduating with a high debt, which increase every year, without finding a job to pay for it. In addition, parents also contribute to this problem by relying on borrowing to pay for college. According to the article, when calculation how to pay for college, parents tend to overestimate how much they will contribute from their saving and underestimate how much their children will need to borrow. Parents also predicted that their saving would cover 29 percent of college cost, compared with an actual share 10 percent, the study found. Therefore, the base of a good education is having a great college counselor.
My opinion about this article is that student loans are positive for the American economic. I’m planning on going to college, but I don’t know how to finance my education. When I start college and get a job, I think I’m going to pay my loans or I can get other forms to pay for college that are easier than spend my whole life paying a loan. Those with loans have the financial obligation of making monthly student loan payments. Most college students are inexperienced with money and many take out more money than they need. It’s necessary for students to take out loans to pay the full cost of their education, but they need to consider carefully how to use loans. Mismanaged money could have a strong impact on your life. It’s important to recognize the consequences of borrowing money and know how to manage that money.
Financial aid is so important for every student who are planning to go to college I am planning to go to college in this fall. I have an idea how I will finance my education. I have already applied for FAFSA and they accepted my application. Furthermore, in future when I am going to start my college, FAFSA is going to help me with the finance. Therefore, the amount of money that they are going to give me is not enough to pay for the semester. I think money is a factor into my choice of school or major because good colleges cost more money as well as good major cost. Some people have the ability to study in a good college, but they do not have financial support. They have an opportunity to take students loans. Therefore, in my opinion if you have the ability to achieve a good grade with a good major from a top college and you do not have enough financial support, you should take a student loan. That can help you.
It is important to know why you are going to school because it helps to motivate you in planning for school. Sometimes I wonder if going to school is essential but I have concluded so far that going to school is just to enhance you and educate you more about live. Student loan is the only chance for me to finish my education in college because my family is not financially stable, which is why loans is important for students. I am planning to go to college and going to college I need loans to be able to pay off my bills in school, and buy the books required. Loan is important for student because not all students are able to pay off their bills.
I am planning go to college and finance it with a scholarship if it is possible or loans. My concerns about student debt is choosing a major when I finish, it is going to be difficult to pay and the loan will follow me for too many years. For this reason, my principal problem is not the college. It is the major. If I study nursing, I will think more about my choice because even if the payment is high, it is going to be difficult to pay an expensive college and possibly will be a limit on my personal goals. However, if I study medicine, I will choose because of the program and not the money because that major has a higher payment than others do. Nobody wants to think about money when you are thinking about a choice that implies vocation, tastes and many years to achieve the goal. It makes you feel like if you were choosing something with other interests, but not for vocation or simply because you want to. It makes us feel between a rock and a hard place.
Students usually have many stories and jokes about loans. The main idea of jokes is that students will be free from burden of paying student loans only when retired. Definitely, taking loans in general and particularly students’ loans is a controversial topic. However, we should not perceive loan only like lifelong difficulty, which, as a heavy hand on the throat, does not allow to breath. The significance of existing students’ loans is a wonderful possibility to study. It is a chance for getting all positive opportunities connected with having an education. We are talking about not only financial but also cultural, emotional, self-respectful life aspects as a preference of being well educated. That is why, with a confidence even only for 51% that education is the right way of life and after using all possibilities for another method of getting a financial aid, one should get an optimal student loan, because “the game is worth the candles”.
Colleges are expensive .After graduation; most of the graduates plan to go to college, majority of them are not prepared financially for college. That might be one of the reason why some people do not go to college they just choose to go work.In my point of view, student loan should rise every year because every year things are getting harder. They should give more time to pay it off. As a future college student, I can say that without financial aid it would be harder for me to work to pay my school
Any college is expensive, especially the good ones. I personally want to go to college to better my education and my future. My plan is scholarships, loans, and work because I'm one of five and it would take a toll on my parents to have to pay for all of us going to college. I'd get a reliable job, (I still have a few years) apply for scholarships and apply for a reasonable loan. I'd work and get myself through because college is important for good jobs whether online or in person.
It may be a very humbling thing to make the correct academic and financial decision: you go to the school that offers you the most generous scholarship.