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Should you get student loans

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Anonymous

14y ago
Updated: 8/19/2019

Only if you need it!

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Wiki User

14y ago

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Related Questions

One spouse is in default on a student loan can the other spouse obtain student loans?

You should be able to as they are individual loans.


Pay Less with Subsidized Student Loans?

When taking out subsidized student loans, a student should not automatically assume he or she is getting free money. A student should research the interest rate on the loans and figure out what the payment schedule will be upon graduation. Knowing this information will help a student determine the type of career he or she may need.


How can one compare student loans?

To compare student loans you should visit FinAid as it mentions what a good comparison website should offer and it also has a list of good comparison websites.


What are private student loans?

The private student loans are the loans arranged by the student through any of the private banks at a fixed interest rate. To apply to these private student loans you need a cosigner unless your credit rating is too good and you have a source of income.


If you have outstanding student loans and die is the estate charged for the student loans?

Actually, that's not true - student loans are forgiven when the student dies.


Can you apply for a private student loan before you apply for a grant?

Yes, but you should find out how much Grant money and Federal student loan money you are eligible for before applying for Private student loans. Grants are free and Federal student loans are cheap. Private student loans are very expensive. Avoid them if you can.


What should every student know about student loans from the US Dept. of Education?

Here's a link to a website that offers information on student loans from the US Department of Education, and if it's right for you or not. http://www.ed.gov/


Are student loans forgiven after age 60?

Are student loans forgiven at age 60? Are student loans forgiven at age 60?


What company provides direct student loans?

There are only a few companies that provide direct student loans. You can go to a bank and get student loans from there, or you can get Federal Loans from your school.


Know How to Spend Low Interest Student Loans?

Some students assume they can use their low interest student loans to buy anything and everything. The truth is there are strict guidelines over how a student can use his or her low interest student loans. A student should be sure that he or she is only spending the money on living expenses and school expenses.


When should you consider consolidating student loans?

Yes, you should consider consolidating your student loans. The reason for this is that you can negotiate a lower rate of interest with the bank than your current loan with the government. Also, since your future ability to pay off the loans is unclear, you should have alternatives and be flexible in your financial situation.


Do you still have to pay back student loans if the school is no longer in business?

Possibly - it depends on the terms of your student loans. If you took out a private student loan through a bank, you will probably need to pay back the loan. If you took federal student loans, depending on when and why the school closed, you may not need to pay the loans back. You should check with the institution that you have been sending your student loan payments to.