I went to my school's financial aid office today and was told that student loans increased significantly. So I now owe around $11,500 to them - not including interest. I also went to a community college prior to this school and owe around 3,500 there. So that's about 15 grand I owe in student loans.
So question 1) How long would it take me to pay this off if I could only pay $150/month.
#2)Should I start paying them back while still in school ? I graduate from here in January. Will that drop interest enough that it will be a lot less money in the long run?
#3)I also wanted to get a nursing degree at another school when I finished here but now I don't know if I should. Should I get another degree? I didn't get a degree at my first school and want to go back and finish that. To finish shouldn't cost more than $3,000.
I'm really upset about the increase and just don't know what to do. Any help/advice is greatly appreciated.
Asked by Anonymous at 5:09 PM on Aug. 23, 2010 in Just for Fun
Answer by tryin2BGOOD at 5:14 PM on Aug. 23, 2010
Answer by Erica_Smerica at 7:13 PM on Aug. 23, 2010