Are student loans a good thing or a bad thing?

Answers:4   |   LastUpdateAt:2012-10-20 20:03:02  

Question
Nix The Robot
Asked at 2012-09-03 04:00:02
I heard student loans are easy to pay yet people compared with credit card debt . Is this true ?
Answer1Those memories, Land of the Dead RoadAnswered at 2012-09-03 07:48:04
Something to note is that most USA have student loans. MedlinePlus Federal loans are a great form of financial aid because unlike credit card debt , the government wants you to pay your balance because they are a burden to them and that is not a bank . They are choosing to secure your loan without knowing what your credit looks like. MedlinePlus I think compared to the credit card debt is an elementary error . MedlinePlus Do you have a debt you have to pay ? Yes , this is the only common factor . MedlinePlus Interest rates are lower , the return is less expensive and easier to handle , and more options are available if you can not make a payment . MedlinePlus Besides this , the subsidized loan has no interest while in school and most students qualify for this credit ! Just think , that is 2-4 or maybe 6 years of having debt and not pay for it . MedlinePlus Federal student loans are a good thing . Do not make the mistake of comparing them with credit card debt .
Answer2AnonymousIIAnswered at 2012-09-03 16:39:03
They are a double-edged sword ! You can get very high ! not to mention that if you pause your interest payments may go up . MedlinePlus MedlinePlus Do your homework before jumping into one. my wife is paying more in student loans 30GS and I see it paying off before you die ! MedlinePlus MedlinePlus Always give the military what they call the GI Bill . Free school money to serve a minimum of four years . MedlinePlus MedlinePlus Good Luck !
Answer3SaqutaAnswered at 2012-09-25 13:47:02
Student loans are the best debt to have! As long as you pay them regularly, you get a very positive view in the eyes of creditors . I think people mostly compare them with credit card debt , as they are very disappointing in large quantities. As long as you are current on your payments , student loans do nothing but positive things for you .
Answer4Class repAnswered at 2012-10-20 20:01:44
and if you do not really need a loan and seeing just do not get extra money . No need it.That s " how some people get so far in debt that ultimately is not quite worth it. Student loans are better than other loans . Upon graduation you do not have to start paying again, will usually give you a grace period of six months .
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