Understanding College Loans and advice by Grandpa
Wednesday, December 3rd, 2008This is the first of our series on student loans. Many students are
accumulating $25,000 and up in student loans. This can lead to serious
financial problems. Our greatest advice to the student is to get the degree.
A giant loan without the degree is a giant waste of money. Deliver
pizzas and study all night. You are young. You can take it.
Think hours and not grades. You’ll be better off with a C average in 16 hours per semester than with a B average in 8 hours per semester. The person interviewing you probably won’t have a high GPA and could care less. It’s the degree that opens the door, not the GPA. Time is of the essence , young person, push yourself!
The loan is much easier to pay back if you graduate.
So get the degree!
School loans are opportunities. Don’t assume the next opportunity train will come by.
Sieze the day!
Enough advice from Grandpa. Get back you ol’ fool! Who said you could post?
Seven Golden Rules to Lower Your Student Loan Debt
Look Twice at Loan Advice from the U.S. News and World Report
Here is a Student Loan Advice Blog. Looks like a good site
Ten Alternative Ways to Cut College Costs from Bankrate.com