Banks and Sallie May stop Student Private Loans!!?
so im one of the people who has parents making good money, but not enough to shell over 14-15,000 dollars a year for their child, thus FAFSA gives me nothing but unsubsidized loans for $4500. Granted, I dont hate my parents, nor my middle class upbringing, not to mention I work (which does not make enough to come up with thousands of dollars extra money), but now im realizing that my college dreams are starting to crash and burn. I’ve already got my associates from a junior college…and now wanted to finish my architecture degree……but without those Private loans, I won’t be able to survive……anyone else a little disturbed by this news?? What should I do now…….
sorry the pecentage of money a year was incorrect. Im at a public university and I only need about 10,000 a year, still parents can’t give me that without hurting themselves financially.
another note, my age is 21. I dont wanna wait until im 24 to finish college…….
Sallie Mae is still offering private loans. You can learn more and/or apply online at http://www.salliemae.com
Alternatively you may want to consult with the financial aid office of the school you’re attending. They can explain to you all the different options for paying for your school.
