<p>...is it <em>possible</em> to take out loans to cover the entire cost of a private college? By "possible," I mean "I don't want to hear lectures about how I 'shouldn't,' because I don't care." If people here would rather lecture than give advice, this board isn't doing its job, and I'll find out somewhere else.</p>
<p>Sure. Try <a href="http://www.myrichuncle.com%5B/url%5D">www.myrichuncle.com</a> for one.
<a href="https://www.myrichuncle.com/PrivateLoans.aspx%5B/url%5D">https://www.myrichuncle.com/PrivateLoans.aspx</a>
And try not to be so angry. People can be put off by that.</p>
<p>You are unlikely to find anyone who will loan $200,000 to an angry 18-yr old.</p>
<p>Are you inquiring about taking out loans in YOUR name only? If so, you would need the collateral (some assets in YOUR name) to cover the costs of the loan in the event you default on it. In other words, the bank isn't going to lend you a large sum of money with no appreciable income or assets to support this loan. AND banks do not make these kinds of loans on the basis of future potential earnings either.</p>
<p>If you wanted to take out substantial loans, you would more than likely need a co-signer for the loans who DOES have assets and income behind them. That person would be agreeing to be responsible for repayment of the loan along with you.</p>
<p>I won't lecture you on this issue, because you don't want to be lectured.</p>
<p>But isn't it ironic that if you don't want a lecture you would be looking for ways to borrow money so you could afford to pay for college and listen to lectures?</p>
<p>:rolleyes:</p>