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Christina Said:If i paid for college with student loans, will i get spending money from the loans?
We Answered:You can get loans that are big enough to cover your tuition AND living expenses, i.e. food, gas, etc.
Loans suck because they can put you in debt that you will have to pay back for years. But sometimes its the only option.
Have you tried to get grants? The US gov gives out thousands of grants every year that you never have to pay back. Almost everyone can get them, you just have to know how! Check out the site below to get a free grants kit. You'll be happy you did.
Roberta Said:Will the economic problems in the US affect college student loans?
We Answered:With credit tightening up and student loans already effected it will get worse before it gets better.
Right now banks are trying to conserve capital, to deal with their own cash crisis so they aren't lending freely. About the only credit they seem to be actively pursuing issuing is credit cards because of the high rate of return. Since they can borrow from the fed at 3% why not loan it out at 18% and up?
Hugh Said:What are good organizations to organize college/student loans?
We Answered:Sallie Mae have been around for years and are a reputable company.
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