College and Majors Options

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My family and i have talked over about getting loans for college if i can't get fafsa for this upcoming school start. What are the pros and cons for getting loans? I know it's good for your credit but that's all i see it. The con is you will die paying for it for the rest of your life.

I asked people how they pay for college... they go.. loans.. I asked aren't they afraid of not being able to pay back, and they go.. no. I'm pretty sure most kids have their parents pay for them n their parents help them pay for their loans. But i don't understand why kids that get loans when they're in a dilemma between their $$ n school.

As much as i want to go to college, i just can't afford getting loans. It's a SCARY thing to me. I'd rather wait until i'm 25 to go to college or something.

I didn't see this question previously so I'm answering it now.

If you have financial issues, you DO NOT HAVE TO enroll in an expensive 4-year college right away. A bunch of people I know took their core classes (prerequisites like English and math) at community colleges, kept up their GPA and transfers to a 4-year college later. That saved them a lot of money and I thought that I should've done the same. As far as I know, there is no consequences for doing so as long as you make sure that your credits for those classes will transfer.

I paid for my own college tuition through working part time, getting scholarships, grants, and loans, but you can do all that with loans. There is NOTHING scary about loans. In fact, they will help you build your credit for later (like buying a car or a getting your own cell phone plan). The interest is low for Federal Subsidized Loans and you do not have to pay for it right after graduation. The government gives you a grace period to find a job before paying for your loans.

You should contact your school's loan officer or Financial Aid officer for more information.

Don't be scared, be informed.