Anyone else worried about maxing out student loans?

susanna · Jun 29, 2004

I know...I have a lot out know and my counselor at my finacial aid office told me they can only give me 5,000 more in Stafford so I'm pretty close to maxing out the preferable education loan. Then, I'll have to take out other kinds of loans.

And then I know I'll be in a pretty big debt if I go to grad school after this, too.

Here's how I cope with it: Almost everyone pretty much who goes to college or further has loans. The majority of the population was not born with silver spoons in their mouths. So, I know that I am not alone. Plus, it makes me happy to know that if I died or if something else really bad happened to me, my student loans would me cancelled and wouldn't be put on my family or spouse. So, its not like I'm risking anyone else's fortune, only my own.

Other times, I pretty much wail and worry that I'm taking out too much money and won't be able to pay it back. Don't worry. You're not alone.

enfermeraSG · Jun 29, 2004

Know what your limits are, and be careful. Also, don't count on repayment after graduating. I maxed out my student loans, and didn't see it coming. Now I've gotten very lucky to receive tuition reimbursement at my hospital, and a nursing scholarship. Before that, I was up a creek and BROKE. SG

Gampopa · Jul 2, 2004

I hate being in debt too so am trying to not take out too many loand. I was awarded a $3,500 loan for this summer but will return it. After talking to my boss (who is not in nursing) I feel a bit better. She has two undergad degrees, a masters and was 3/4 of the way to a PhD raised a family by herself and racked up $235,000 in student loans! :uhoh3: :uhoh3: :uhoh3: She figures she'll be long dead before even 1/4 of that is paid back :)

Gampopa · Jul 2, 2004

I hate being in debt too so am trying to not take out too many loand. I was awarded a $3,500 loan for this summer but will return it. After talking to my boss (who is not in nursing) I feel a bit better. She has two undergad degrees, a masters and was 3/4 of the way to a PhD raised a family by herself and racked up $235,000 in student loans! :uhoh3: :uhoh3: :uhoh3: She figures she'll be long dead before even 1/4 of that is paid back :)

Paleobug · Jul 3, 2004

I'm a UNLV alumnus from 1984. Back then, I racked up student loans. Been there, done that. I will be going to CCSN in the fall for an ADN program. I applied to the Valley Health Systems scholarship. They'll pay your tuition and all you have to do is work for them for 2 years after graduation. I would suggest contacting them. This program will help me a lot. I have a mortgage, but fortunately I have no children, no cc debt and no car loans and having savings, makes going to school and staying out of debt possible.

Paleobug · Jul 3, 2004

I'm a UNLV alumnus from 1984. Back then, I racked up student loans. Been there, done that. I will be going to CCSN in the fall for an ADN program. I applied to the Valley Health Systems scholarship. They'll pay your tuition and all you have to do is work for them for 2 years after graduation. I would suggest contacting them. This program will help me a lot. I have a mortgage, but fortunately I have no children, no cc debt and no car loans and having savings, makes going to school and staying out of debt possible.

CaterpillarGirl · Jul 3, 2004

I'm a UNLV alumnus from 1984. Back then, I racked up student loans. Been there, done that. I will be going to CCSN in the fall for an ADN program. I applied to the Valley Health Systems scholarship. They'll pay your tuition and all you have to do is work for them for 2 years after graduation. I would suggest contacting them. This program will help me a lot. I have a mortgage, but fortunately I have no children, no cc debt and no car loans and having savings, makes going to school and staying out of debt possible.

That's definatley one of the scholarships I'll be looking into. Is it the same thing as the "adopt-a-nurse" program? I think it said it was a loan for 2k per semester during the last 4 semesters of your program, in return you work one year for every 4k (at least I think thats how it works).

I'm searching like mad for scholarships and grants. I would like to not have to work at all once I start the nursing program, but not sure if that's entirely feasible. I don't have a mortgage, but do have a daughter (but no child support :angryfire ), car loan, and credit cards.

CaterpillarGirl · Jul 3, 2004

I'm a UNLV alumnus from 1984. Back then, I racked up student loans. Been there, done that. I will be going to CCSN in the fall for an ADN program. I applied to the Valley Health Systems scholarship. They'll pay your tuition and all you have to do is work for them for 2 years after graduation. I would suggest contacting them. This program will help me a lot. I have a mortgage, but fortunately I have no children, no cc debt and no car loans and having savings, makes going to school and staying out of debt possible.

That's definatley one of the scholarships I'll be looking into. Is it the same thing as the "adopt-a-nurse" program? I think it said it was a loan for 2k per semester during the last 4 semesters of your program, in return you work one year for every 4k (at least I think thats how it works).

I'm searching like mad for scholarships and grants. I would like to not have to work at all once I start the nursing program, but not sure if that's entirely feasible. I don't have a mortgage, but do have a daughter (but no child support :angryfire ), car loan, and credit cards.

enfermeraSG · Jul 3, 2004

In case some folks have not already come across this website, it is a nationwide scholarship search (Free!) for nursing scholarships. It tries to match you up with good ones.

http://www.discovernursing.com/scholarship_search.asp

buena suerte! Good luck! Sg

enfermeraSG · Jul 3, 2004

In case some folks have not already come across this website, it is a nationwide scholarship search (Free!) for nursing scholarships. It tries to match you up with good ones.

http://www.discovernursing.com/scholarship_search.asp

buena suerte! Good luck! Sg