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Debt Consolidation Forums Student Loans and Education Debt forums

Can me and parents divide the student loan 50-50?

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I want to know about student loans since it becomes easier to search for a good college. Do I or my parents have to take out the loan? Can't we divide and obtain the loans like 50% my parents and 50% myself?

Parents can only take out the parent plus loans offered by the Federal; student aid. If you want to divide the loan burden, then I thin you should go for private student loan.

Sub: #1 posted on Thu, 03/28/2019 - 05:53

Sanders Patricia Sanders Patricia

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Honestly speaking, I don't like the concept of putting a new financial burden on parents. You should sponsor your own studies. Also, much depends on the subject you have select. Try to select a subject that is not expensive. Choose a community college so that you won't have to spend a huge amount or borrow a huge student loan.

Sub: #2 posted on Fri, 03/29/2019 - 02:11

David Martin David Martin

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