Nursing School and Student Loans(sallie mae)

Posted

So i have to take out $20,000 for a LPN program. I am kinda disappointed because i could of done it for $2000 at a local program if i decided to go for just a few years ago. The only loan program i see available is sallie mae right now. I dont want to get into trouble with loans and debt. Does anyone know any other good loan program? Or any loan repayment programs?

Double-Helix, BSN, RN

Specializes in PICU, Sedation/Radiology, PACU. Has 11 years experience. 1 Article; 3,377 Posts

$20,000 is far more than the national average. Is this a for-profit school? If so, I highly suggest looking into other programs that don't require incurring so much debt.

Lannister123

Lannister123

32 Posts

Im currently looking. The cheaper programs are very competitive to get into. Some wait years and idk if its worth it. 20k is the cheapest i found so far in NYC.

Apple-Core, ASN, BSN, RN

Has 3 years experience. 1,016 Posts

$20K seems awfully high for an LPN program. What are the community college programs like near you? Get on the waiting list, the wait lists usually can be 2-3 years. Use that time to take care of all your co-reqs so that once you get in you can focus entirely on your nursing.

Lannister123

Lannister123

32 Posts

$20K seems awfully high for an LPN program. What are the community college programs like near you? Get on the waiting list, the wait lists usually can be 2-3 years. Use that time to take care of all your co-reqs so that once you get in you can focus entirely on your nursing.

i have done all co request. I actually failed RN school and was suggested to start at LPN. The cheaper school will cost about $2000. But they only accept about 20 students. My grades are good in the pre reqs. Lowest is a B from English. I don't want to waste time.

AliNajaCat

AliNajaCat

1,035 Posts

Im currently looking. The cheaper programs are very competitive to get into. Some wait years and idk if its worth it. 20k is the cheapest i found so far in NYC.

There's a reason for that.

Don't waste your money (not to mention all the interest), no matter how much or little it is, with a sub-par program. If you don't pass NCLEX you'll still have to pay back the loans. Widen your scope of investigation.

meanmaryjean, DNP, RN

Specializes in NICU, ICU, PICU, Academia. Has 45 years experience. 7,899 Posts

It's not 'wasting' time to delay entry and thus save yourself a decade or more of crushing student loan debt.

Really