Poll of the Day > I figured it out!

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Impavid54
06/07/19 5:40:42 PM
#1:


I finally figured it all out!

How I can go to my top choice college and afford it!

So there are these things called Parent plus loans right? I was told you don't pay them until AFTER you graduate!

So I take out a loan for $58K (or a 100K depending on if I stay there two years)

by then I'll get into either USNA or USMA, and loans won't kick in until after I graduate from one of those schools

AND I'm told that it's hard to not get approved even if you have bad credit! it's perfect!
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TheWitchMorgana
06/07/19 5:41:57 PM
#2:


isn't that just how loans work though
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Impavid54
06/07/19 5:51:49 PM
#3:


TheWitchMorgana posted...
isn't that just how loans work though


that's not what people kept telling me

people kept telling me payments were due as soon as classes started
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HornedLion
06/07/19 5:58:24 PM
#4:


College is a scam.
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joemama1992
06/07/19 6:03:19 PM
#5:


Yea, student loans are special in that they're generally deferred until after you graduate. Do keep in mind though that interest most likely accrues the entire time
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TheWitchMorgana
06/07/19 6:15:13 PM
#6:


Impavid54 posted...
TheWitchMorgana posted...
isn't that just how loans work though

that's not what people kept telling me

people kept telling me payments were due as soon as classes started

that literally makes no sense, how are you supposed to pay them when you're in classes... i've never heard of a student loan that did that
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Cacciato
06/07/19 6:29:56 PM
#7:


Impavid54 posted...
TheWitchMorgana posted...
isn't that just how loans work though


that's not what people kept telling me

people kept telling me payments were due as soon as classes started

It really doesnt surprise me that you have so much trouble with figuring stuff out
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slacker03150
06/07/19 6:34:51 PM
#8:


Impavid54 posted...
AFTER you graduate!

Technically false. They come to collect after you are no longer in school. If you flunk out because you can't understand the material, get expelled for sexually harrassing female students, or don't finish your credits in time and can't get further loans to pay off the rest of the school you need causing you to drop out, you still have to start paying it back.
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Impavid54
06/07/19 6:52:31 PM
#9:


Cacciato posted...
It really doesnt surprise me that you have so much trouble with figuring stuff out


I was only listening to what others told me

HornedLion posted...
College is a scam.


this is a really good college though (ahem American University)(
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LinkPizza
06/07/19 7:46:46 PM
#10:


Impavid54 posted...
Cacciato posted...
It really doesnt surprise me that you have so much trouble with figuring stuff out


I was only listening to what others told me

Parts of what others told you...
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