<p>I'm super excited that I got accepted to UCF! But now comes reality...how do I pay for it? The less debt I have the better. I would like to stay under 20k in debt. Should I just settle for a state college or go straight to UCF? Thanks!</p>
<p>Please don’t take my response in the wrong way, but planning how to pay for college at this point is…
Most parents plan for their kids to attend college at an early age by opening a 529 college savings account or by joining Florida Prepaid, etc. If your family has not made any prior financial plans for you to attend college, then you’re only real alternative is student loans. Unfortunately academic and merit scholarship money is limited and working part-time can only generate so much money. Fortunately, the interest rate on student loans is relatively low, thus this should help.
Good Luck !</p>
<p>I understand. It’s just a part of life. But it’s worth it in my opinion. If you do what you love, money shouldn’t be an issue</p>
<p>It will be an issue of you have $80,000 of student loan debt. Just be smart. Look into the salary of your potential careers and see if it woul be feasible to pay it off. Best wishes.</p>
<p>Suggestion- Only take out federally subsidized student loans backed by the federal government.
DO NOT, REPEAT, DO NOT take out student loans that come from private banks & private sources, as their interest rates are very high and you may be paying off more in interest than in the original principal.</p>
<p>Yeah I doubt ill get too much in debt. But I’ll make sure to get the right loans.</p>
<p>I told you that you’d get accepted. Now for me, as an entrepreneuer, I’ve started my own small business and do small jobs on the side as well. Whether you are male or female, you should easily find stuff to do in both. PM me if you have any more questions.</p>