<p>“it’s weird, when I explain my dilemma to friends and teachers, they tell me to still apply and take out loans if need be”</p>
<p>That’s because they wouldn’t be paying back the loans. Talk is cheap.</p>
<p>Check out this loan repayment calculator to get a rough idea of how much a month you’d be spending to repay your loans. As you do this, realize that many college grads now are lucky to be making minimum wage. Also consider that you’d need to be paying for transportation (A car in good condition is necessary in many places) and room and board. Check classifieds to get an idea of how much rent might be. Usually only rent is included – not heat, electricity, and certainly not your food and other expenses.</p>
<p>[FinAid</a> | Calculators | Loan Calculator](<a href=“http://www.finaid.org/calculators/loanpayments.phtml]FinAid”>http://www.finaid.org/calculators/loanpayments.phtml)</p>