How bad is it to take out student loans?

Paying for College
1

<p>How much is too much to take out for one semester?</p>

2

<p>In my opinion, the only loans students should take are the Direct Loans. They can take these in their names only. The max for four years is $27,000.</p>

<p>Amounts are…$5500 for freshmen, $6500 for sophomore, $7500 for junior, and $7500 for senior.</p>

<p>For a semester…divide the appropriate year amount in half.</p>

<p>How much do you NEED to be able to pay your college bill?</p>

3

<p>about 6,000 for this semester, because the college ran out of financial aid, but it’s still a relatively cheap college. Hopefully, when the school opens I can fish for more scholarships, and I am working part time, but haven’t made enough to cover tuition, just small things needed for college</p>

4

<p>that’s 3,500 for sub loans and 4,000 for unsub loans, but I’m lowering both so I won’t have to take out about 7000</p>

5

<p>

Did your school awards you these loans for the school year?</p>

6

<p>apparently for this semester, since I missed the fall semester, and I am a freshman</p>

7

<p>^See above post #2 you could get

for Federal Direct Loans</p>

8

<p>Are you saying that you didn’t go to college last semester? Are you just starting in the spring?</p>

<p>What’s going to happen next year? Do you realize that your loans will be split in half next year. You’ll still be a frosh next fall, so for next fall you’ll only be given $2,750 for that one semester. You’re going to be short again.</p>