Should I take out a loan for college?

I am absolutely miserable where I am now, should I take out enormous amounts of loans to go somewhere where i will be happy?

Answer:
Life is too short to be in a miserable situation. What is so miserable about where you are now? What would make you happy? Is it necessary to go to college to find that happiness? If so, go to the bursar's office (or financial office) of the college that you are interested in and ask about financial aid. They will give you forms to fill out and you may qualify for some money that you don't have to pay back, some loans that won't accrue interest until you get out and then, yes, some loans that you will have to pay interest on. However, you only take out loans for a semester at a time and you will know soon enough whether you should keep going and borrowing or not. So, you won't be borrowing "enormous" sums right away. If you are miserable now, you do need to do something now. There is an old saying, "If you keep doing things the way you're doing them now, you'll keep getting the things you are getting now". Good luck to you. I wish you all the best.

college doesnt guarantee a great job. but its worth trying. You will feel good accomplishing graduating too!

Unless you can afford to pay for school out of pocket I would suggest loans. Plus, if you are in a place where you are happy your grades will be better.

Try for scholarships first, even if you don't think that you have the grades for it. There are many companies out there that will offer scholarships. Do some research and then see what kind of loan you can get.

No. Use it for career training. If you go college, you will wait more years to gain a job at Mc.Dondles. Do career training now, start apprenticeship tomarrow. It's a direct route to something solid.

It depends...

Are you pursuing a career where you know you will be making enough money to pay off your loans in a timely manner? If not, then taking out loans might not be a good idea.

Also, are you close to being done with your program? If you are, you probably don't want to change schools. Just stick it out for the rest of the time. If you are in the beginning and already miserable...then you might want to think about changing. 4 years is a long time to be "absolutely miserable."

Before you take out a bunch of loans, look for scholarships and grants. Try www.fastweb.com. They are awesome. And then just do a google search for scholarships. You'll be amazed how many there are out there for people of every nationality, career goal, scholastic acheivement level...everything!

I hope this helps at least a little bit! :-) Good luck.

You will need to consider immediate gratification vs long term gratification. While it may seem easier at the moment to take the loans, ultimately you will be spending a LONG time repaying. You will have other priorities after you complete your education which will require the money you will have to use for pay back of those loans. Start pursuing scholarships whereever you can. Look at pursuing scholarships as a part-time or full-time job. Then at least your loans will be smaller. I can guarantee you, you will not regret taking smaller loans or no loans if at all possible. You will be more miserable in the end repaying the large loans than you are now.

I wish you could explain more. I don't understand what you mean by I'm miserable of where I am now. Do you mean at your current job, relationship, what?

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Should I take out a loan for college?

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