Can me and parents divide the student loan 50-50?
Date: Wed, 03/27/2019 - 22:31
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
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.
Submitted by Sanders Patricia on Thu, 03/28/2019 - 05:53
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Honestly speaking, I don't
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.