Sunday, July 17, 2011

Is taking out student loans a good idea? Why or why not?

It depends on how much your tuition is, and I'm pretty sure the major doesn't matter since the tuition is a flat rate regardless of what major you choose. Taking out loans is unfortunately what most people need to do in order to go to college. The plus side is there certain student loans that don't make you pay until 6 months after you graduate from college and the interest rates are either non-existant or very low. Plus, it helps build credit which will be beneficial for you in the future when you want to buy a car/house. Hope this helps!

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