Credit and Student Loans...
13 replies
·
2194 views
·
Started by 1FocusedBruh
·
May 2005
How many of you have taken out student loans?? How much are they for??
Did you know that if you took too much money you could dig yourself into a hole thats keeps on growing
I dont think students understand this when they take out loans. Loans are OK when you don't take it like it's easy money. But when you take out 100,000 dollars and up you are digging yourself into a hole that will be hard to get out of..
Most people want to buy a car or even a house out of college. That's impossible with a $100,000 debt and I dont care if your a dentist.
#11
Reply
LadyJag7 wrote:I think if students have to take out loans to pay for education then that's what they should do. I just don't understand how it seems like some students look at loans as free money. I see people that I know get those thousand dollar refund checks each semester and go shopping. That money is not your money, they should be using that refund check to pay back their debt not go on a shopping spree. Putting off paying back a loan is the dumbest thing you can do, if you have the extra money to start paying it back while you're still in school that's what would be the wise thing to do.
