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Is It Better To Take Loan To Study In College

Is it worthy to take loan and study in a small engineering college in India?

No.Not at all.Don't waste money,resources studying engineering in any such college.Instead you may take other interesting courses like  B.A,BBA,BSc etc.But try to get them from good colleges like DU,CU etc.Best Of Luck.

Should I take out a $28,000 student loan my freshman year of college?

Now. I really love this school. We are talking about Roosevelt University, Downtown Chicago.. I love the fact that its in the city, I love the fact I'm a quick train-ride away (so no need to live on campus), I like the fact there's a gym, I like the emphasize on social justice aspect of the school, and I like that my intended major of sociology is at this school.

Now since my father was recently granted disability and now receives a check, he was awarded a large lump sum of money which granted me nothing from FASFA. Another note, I have about $8,000 saved in my bank account.

If I'm doing the numbers right, tuition at Roosevelt University is 25,950 per semester.... I'll need a loan of about $28,000 to afford my freshman year/ less maybe? (I live at home with my parents)...
Sophomore year and beyond I can consider taking out smaller loans around $15,000,-17,000.... factoring in that I may qualify for financial aid and possibly have a few scholarships and extra money.
Total I'm looking at $74,000+ in student loan debt, being a slightly generous and frugal with my numbers. Also I have not factored in the interest rates yet, so I'm looking at paying about $80,000 for my college education... The BIG question is..... Is it worth it? Someone graduating with a degree in my desired future career makes around $52,000-56,000 salary. Can I afford that? I'm looking at less expensive schools, but it doesn't seem worth it to go to any of those schools because I feel like there is so much more opportunity being in the city and that attending this university with a good name attached to me will be best. Am I being sold into a life of debt and worrying? or is this reasonable and practical for what I want?

Can anyone get a student loan for college?

You can take a student loan for studies, whether it is a school or a collage. Now a days there are so many private organization available where you can get a student loan without a cosigner. how much time they take to disburse your loan, is up to the work they do and how many paper you can provide to them.
i can tell you who get me my student loan,which they provide me when my score is also not good.

http://badcreditloans.50webs.org/studentloan.html

they can help you as well to get approved your loan, and if they cant then don't worry at all there are so many others also who can help you as well. good luck dear.

Is it worth to take a loan and study at the Imperial College of London for a four-year programme?

Why not? Imperial is such a good school! Imperial College is ranked the 9th best university in the entire world! You get a degree from here and people pay attention to you. It is also true that the Mech Eng and Physics courses are the top courses on offer in Europe as well.I chose Imperial because it is the most respected university for engineering. Just saying you study at Imperial opens doors!! Just inquire here Page on imperial.ac.uk and here Imperial College London for more info.

Is it a better idea to take out a student loan or work while studying, slaving at low pay and have no debt after?

So, once you have your AA degree from the Community College, if you planned appropriately, you should be able to directly start at your state's four year public university as a Junior.  For example, here is my state's process:'Community College Connection Now, at my state's public university, it will cost $25,000 per year to live at college.   There are four campuses in my state, so it might be possible to live at home and commute, but unlikely.  If you do live at home, then the cost is roughly $12,000 per year (in-state tuition and fees).  Of course, you will fill out the FAFSA and ask for financial aid.FAFSA - Free Application for Federal Student Aid One can Not get financial aid, without filling out the FAFSA.The likelihood is that you will qualify for some financial aid.Let us assume you live at home and qualify for $7,000 in grants and therefore need to come up with $5,000 per year.One can make $5,000 in a 12 week summer.  A college student should be able to make $15 per hour.    However, you won't need to work during the school year.  Now, if you need to live by campus, and move out of your family's home, then the college may provide some more financial aid, and maybe you will owe $10,000 per year.Easy, take a $5,000 Federal Stafford loan per year (two years).If you owe $10,000 in Federal loans upon graduation with your bachelors degree and start a job for $40,000 per year,  you can pay that loan back  in five years or less, Easy.    (And the Feds give you ten years to repay, but paying it faster saves you interest).You are fine.Just make certain you get a GPA close to 3.0 at your Community College and you should have No problems.All  the best.

Can I use a personal loan to help with college costs?

I'm $1000 short for a study abroad college course. My classes are paid for but I owe money to an operation that my college is working with for this program. I owe them $1000 dollars for the study abroad trip can I use a personal loan to pay them? Hardly know anything about loans and everything, someone suggested this to me. Thank you.

How do I get a loan to study MBA?

Whenever you get a offer from college and get selected, college sends you brochure which includes college fees and few of the banks names that will grant you study loan easily.To get a loan is way easy if you get admission in Colleges like IIM( Indian Institute of Management),IIT (Indian Institute of Technology),FMS (Faculty of Management Studies),XLRI ( Xavier School of Management),NIIE (National Institute of Industrial Engineering),SP Jain Institute of Management, IIFT (Indian Institute of Foreign Trade) and few others.Even you may get call from various private banks and Education loan providers ( Credila, Avanse).Your contact details are many times share by the institute with the banks they have collaboration with). If you thinking to do MBA from Outside India, then it might be little difficult and long process. But to get loan for doing MBA from India, getting loan is easy and simple process.In government banks - They have the name of all private and government PG institutes to whom they grant loan at one go, but for rest of Colleges, it get little difficult to sanction the loan.Procedure -Go to the bank in your city where you or your family member have a account. Apply for education loan. Every bank have their own loan terms, repayment duration and Interest rates. Interest rate can be floating or fixed. Floating means Interest rate keep changing according to rate cut by RBI. Fixed means your Interest will not changed for entire duration of amortization. Prefer Fixed.Today normal MBA college fee in India is 12–18 Lakh. It’s easy to get a loan of amount 10lakh or less. So apply for loan 10lakh or less for quick and easy sanction.The one that gives you maximum loan at minimum fixed interest shall be prefered. Replayement duration totally depends upon your paying capacity in future.Normally for 10 Lakh loan, you will end up paying around 16Lakh at 10% interest rate. This means you will pay 17,000 Rps every month for 8 years, once you get postgraduate.The duration for this loan is 10 years. First 2 years,one has to pay only interest and after that you have to pay EMI + INTEREST for next 8 years.Once you finalize this basic thing, other Bank documentation instructions will be given by bank officials. And after completing all the formalities, You will get check for your 1st college Installment.All the best!

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.

Can you pay your entire college tuition with student loans?

Can you get more then one loan?
My dad is telling me im going to have to pay my way through college but i dont really want to have to work and be a student full time and still make sure i have time to study, i know i wont be able to handle that. How could i be a independent student because i know my parents make too much for me to qualify for much federal aid but if im independent ill show strong need wont i? and also could you tell me anything about paying back loans, im trying to get ahead of all this stuff so im prepared because i dont have any family thats went to college so i dont really have anyone to ask questions
all help is appreciated :)

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