The topic of "how do I pay for school" has come up several times on this board, and I've read the good advice about not worrying about working through school, and just take out lots of student loans.
Here is my dilemma: I have awful credit. Last spring (2003) I filed bankruptcy after my divorce, and that stays on your credit reports for 7-10 years. I'm hoping start school in about 2 years, and my brother will cosign for me, but am wondering if I will be able to take out enough loans for school with my bad credit history. Has anyone else been in this situation or know of anyone who has had to work around bad credit? Any advice will be much appreciated - thanks!
Roland. I think you make a very valid point; using extreme examples, but a valid point indeed. In fact, I'm sort of in that situation, except I will not have to use any credit cards. I agree that one should do whatever he/she can to accomplish their goals; do what it takes to be happy. Don't just 'settle' for something.
Last spring (2003) I filed bankruptcy after my divorce, and that stays on your credit reports for 7-10 years. I'm hoping start school in about 2 years, and my brother will cosign for me, but am wondering if I will be able to take out enough loans for school with my bad credit history. Has anyone else been in this situation or know of anyone who has had to work around bad credit? Any advice will be much appreciated - thanks!
tennyson
14 Posts
I'm with you on that one.