Can I go to community college to defer student loans?
The simple answer would be yes. Going to a community college would still be considered as continuing your education so you won't have to pay back your student loans yet. But you have to be enrolled at least half time. Then you have another six months after you leave school before you have to make payments. You would have to contact them and have everything arranged though. You don't have to take out any more student loans; you can cease those at anytime. Again you have to contact the lender to do that. But make sure you have enough money to enroll in the community college. You might also want to consider calling their office and just ask what are your options for paying back the money. They would usually work with you if you haven't defer on any payments yet and are willing to pay them back.
Are student loans for community college safe? Or will I just be tied in debt my whole life?
You know what your academic background is and how much you can work part time to help pay for tuition. I would avoid student loans if possible because you will have student loan debt when you finish. Depending on whether you transfer to a 4 year school and graduate with a MARKETABLE AND COMPLETED 4 year degree, how the job market is when you graduate with a marketable degree and start looking for a job, if you end unemployed or underemployed for a unknown period of time, you will have to be able to pay your student loan back because failure to do so will affect your credit rating, and you don't want that to happen.Across the nation millions of students are unable to buy houses because of student loans and it has /is affecting the real estate economy.
How can I get a student loan for community college?
You will need to complete the Free Application for Federal Student Aid (FAFSA) first to determine your eligibility for a loan. If you are under 22 years of age your parents' income will need to be reported - regardless of whether you live with them or not, it is expected that they will contribute to your payment for school. Contact the school's Financial Aid office - they will help you with every step. You should also get a job iof you don't already have one.
Community College Student Loans?
I'm currently finishing up my second semester in a community college (Mt. San Jacinto College) in California. I was hoping that someone could fill me in on how the student loan system works, and how much a student can borrow per year/semester. I'm currently trying to save up enough money to move out and get a place of my own and figure I will need $10,000+ dollars. How can this be done? Any advice will be appreciated; thank you!
I am scared of my College Student loans?
This is a choice you have to make for yourself, that is a lot of money to be unsure of but... I was in the EXACT same situation four years ago. I was a C student in high school, and I was unsure of college because I would have to pay for it myself. So, I'm entering my senior year 75k in debt. It sucks, but you have to spend money to make money. If you were a C student in high school, that means you really didn't try (no offense, but be honest with yourself, Wikipedia has most likely been your most frequent source...) so just try in college and you'll be fine! With that debt your monthly payment will range from $800 to $1000, so about $12000 per year. That seems like a lot, but when I run into friends from high school who never went to college, they're working low wage jobs making about $200000 or less per year; new college graduates make ABOUT $40000 a year in salary (give or take, it really depends on your job...) So, if you're lucky, it should work out... It's a different situation for everyone though, if you're really worried, then take it slow, go to a community college, get your associates so you have a degree to fall back on. Then transfer to a state school and get your bachelors. Apply for scholarships and state grants etc, see what you can get. Just think it over; some people say that the rule of thumb is never take out more than you expect to earn in the first year out, but that's not exactly realistic. 60 k is A LOT of money in loans, so be sure you know what you want before you start!
Is it better to get a student loan when going to a community college, or looking for grants instead?
always go for grants because you don't have to pay them back and going to a coummity is just the same as going to a four year collage but i'm glad you choose to go to college insted of the miltary i very proud of you evenb thogyth you did noy get finacal aid it ok but you should difenaly think about renting a apartment of campus e-mail i've got alot to tell you kitchen_cat_yellow@yahoo.com PS: good luck
Can community college employees have their student loans forgiven like teachers and government employees do?
Yes. Community college employees may be eligible for Public Service Loan Forgiveness like teachers and government employees.The PSLF program has four requirements:You must work full-time for the government or a 501(c)(3). Your position doesn't matter. Only your employer matters. Groundsmen, janitors, cooks, teachers, assistants, principals, superintendents, and presidents all qualify.You must have the right type of loan. Only federal Direct loans qualify. Perkins loans and FFEL loans don't qualify. Check the National Student Loan Data System to see what type of federal student loans you have. Most Direct loans have "Direct" in their title.You must make the right type of payment. You make the right type of payment if you pay on time under one of the income-driven repayment plans (IBR, ICR, PAYE, or REPAYE). Your payment is timely if you make it within 20 days of the due date.You must make a 120 separate payments. You have to make 120 payments. You can't speed this up. You have wait each month to make the payment. You don't have to make this payments consecutively, however. So if you stop working full-time or stop working for the government or 501(c)(3), the number of qualifying payments you made freezes. It will unfreeze when you start working full-time again for the government or 501(c)(3) and make the right type of payments.***You can find out more about the PSLF program at Federal Student Aid. You can also visit a site I run, Student Loan Attorney • St Louis. That site is devoted to helping people get rid of their loans quickly. And if you want a short resource guide on all things student loans, pick up a book I wrote, Made Plain: A Simple Guide to Repaying Student Loans that's available on Amazon.
Would free community college help solve the student loan debt crisis?
Free to whom? Certainly not free to taxpayers. Community colleges are already much less expensive than universities, but many still opt for four years at a university. Sure, more students may choose community colleges if they were free, but I can't see everyone doing that.The real problems with student debt are that:It's backed by the government, whether or not there is any reasonable expectation of the student every paying the debt off.It's non-forgivable. Since most students would default on their debt if they could, the government makes sure that they can squeeze every last cent out of each student, no matter what.Because anyone can get a student loan, no matter what, Colleges can raise tuition as much as they want. Students will always be able to pay off the college's' costs, but will accrue unimaginable debt in the process.A better solution would be to stop the Federal government from backing student debt. If student debt is backed by private institutions, those institutions will asses the risk of the loan, and the likelihood that the student will pay it back. Most students will not be given the funds to pay for massively over-inflated tuition costs, and colleges will be forced to bring costs down to reasonable levels. If something goes wrong and a student can't pay off their loan, they can declare bankruptcy and have the debt forgiven; the financial institution already included the likeliness of this scenario in their risk assessment before they granted the loan.The above scenario will also encourage innovation in education. the fact that college today looks very similar to the way it was in your grandparents' day signals that educational innovation is stagnating. Non-traditional education such as online learning would be much more attractive to schools looking to offer affordable and competitive education options.
What private lender lends to Lone Star College or Community College students?
a2A. Student Loans for Community College has a section that describes private leader loan.
Is it worth taking out all these student loans for college?
College is really what you make of it. I know people who went to the same college as I did, graduated six years ago, and are now working as waiters and waitresses. I also know people who went to the same college, graduated at the same time, and are now making six figures. Is college worth the debt? I personally think it is, but I also put a lot of hard work into those four years. Do you know what type of career you want to pursue? If it's any type of business or technical field (e.g. engineering, programming), a four-year degree is pretty much a requirement. I graduated with almost $20k in student loan debt, but I landed a great job three months out of college that helped me pay it all off quickly. I worked part-time during college and saved a lot of money, which made paying back the debt even easier. I also took advantage of some unpaid internships during those four years, which made getting a job right out of college a lot easier than some of my friends. I think a lot of people expect to go to college, get average grades, and come out with a great paying job that makes all the student loan debt worthwhile. Unfortunately, life isn't that easy. So I'll re-emphasize the point I made earlier: college is what you make of it. If you plan to go there and put in 100% while pursuing internships (even unpaid ones) and part-time jobs on the side, it is definitely worth it. It will be a busy four years, but it will make the rest of your life easier...both career-wise and money-wise. It will be tough in the short run, but it will pay off in the long run.