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Debt Destroy

Student Loan, A Good Choice For The Famiy?


Katia Rep Points: 930
Posted on March 26, 2009 at 11:17 am
I don't think it is too dependent on parents to have them pay if they can. Most students right out of high school do not have proper money management skills to handle a student loan, and chances are they will not learn it in college if everything is paid for them by a loan instead of having to have a job and budget their money. Of course there is no other option for some except a student loan (as in my case) but if parents can pay for it I think they should.

syarih (Guest) Rep Points:
Posted on April 20, 2009 at 12:46 am
Well, if you want to further your study no matter what you have to take a student loan. It is either provided by the government or from the bank. But you must consider the term and condition carefully and spend the money wisely.

CreativeTopics Rep Points: 75
Posted on October 8, 2009 at 8:30 am
While I agree that a student loan is not 100% avoidable for every single person, I would suggest that you exhaust all other optiosn first. You should have a part time job, be applying for tons of scholarships, and hopefully have saved up a bit of money before starting college.  Once you are there, you should be frugal in your spending.  To many people forget that they ...eventually... have to pay back the loans, and go all out in their partying.  Be responsible now, and later on you can have all the fun you want.

pepe0105 Rep Points:
Posted on January 27, 2010 at 4:00 am
Ehmm...i think not all people will need student loan especially for rich people ;) but for the one who is not good in their finance, student loan will be a good choice bro..Be wise in taking a student loan and give them your good credit report. God Bless U.Rgds, Poniman Tjhin ;)