I really need some valuable advice..

College Majors Business Major
1

<p>Hi everyone,</p>

<p>I hope this is the right place to post my concerns. If not, I apologize.</p>

<p>I am currently a 24 year old student at a state university in Arkansas. At the very moment, I owe just a little above 12,000 in student loans (federal). I have appromimately 2 more years before I complete my Bachelors of Business in Management. The problem I have is that I have already been in school for 5 years and this current year will bring me to 6, meaning that I can no longer receive financial aid for the 2013-2014 school year.</p>

<p>I have seen and read countless stories of students in our current economy who are suffering from the burden of loan debt. I would love to get my bachelor's degree so that it will help me get better jobs in the, but I'm worried about having to take private loans for my last school year being that the interest rates on those are pretty high. The last thing I want to deal with is having a 20,000 loan turn into 40,000 a few years later if you get my drift.</p>

<p>So I'm here in need of some guidance. I fear that because so many jobs require degrees, I won't be able to find a job without one. At the same time, I worry about all the debt that I will incur if I take out private loans. If anyone can give me any info about other options or just whether I should continue or stop going to school. Anything will be appreciated!</p>

2

<p>What perplexes me is why is it taking you 7 years to get just one degree in business? Are you taking a full course load?</p>

3

<p>Not so much a course load, just mistakes I’ve made throughout my college career that’s put me behind. It took me 3 years to get my basics. And then a change in majors and not passing some classes that have caused me to take longer than usual. I know, it seems crazy but things happen. Nowadays, I don’t do more than 12 credit hours.</p>