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Old 05-13-2012, 11:58 AM   #3
princessbelle
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Great thread Kobi!!!!

I finally just about have mine paid off. Through breakups and a divorce i have put my loan on hold a few times over the years. I worked going to college and paid a lot of my tuition as i went, thankfully. I owed roughly 12,000 at the beginning and now only owe about 1,500. So, happy days ahead when i can quit having to pay them $150 every month.

They do make it easy to get loans it seems. I really didn't give it a second thought when getting one. It was like "here is your money". If it had been more than 12,000 as i know many are, i would be sick right now.

It is good to get the loans if you need them, but running them up and up and up, i can see how it could get out of hand. Not sure what the cut off should be, but IMO at some point in the borrowing money time line, it would be nice if maybe these companies at least offered some counseling. Just so peeps know what they are getting into. IMO they make it too easy.
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