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Why is college so expensive and how to I pay it back?
Why is College so expensive and how do I make a plan to be able to pay back any amount leftover after scholarships, while I am playing sports all through college. #fall22
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3 answers
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Natalie’s Answer
Great Question Andrew! If you have any loans remaining after you end college, your loan servicer (either government loans or private loans) will be able to work with you to come up with a potential payment plan for repayment. They will look at things like current income, monthly expenses, etc to determine with you what is affordable every month to repay back on a plan.
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Ashley’s Answer
Mandy hit a lot of great points!
I would also encourage you to seek out as many scholarships that are offered at your institutions and use sites such as fastweb.com to search for scholarships.
Research institute scholarships
Fill out FAFSA
I would also encourage you to seek out as many scholarships that are offered at your institutions and use sites such as fastweb.com to search for scholarships.
Ashley recommends the following next steps:
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Mandy’s Answer
Start by filling out the FASFA. Then talk to a financial advisor at a college you are interested in attending. Obtain scholarships, see if a work study is possible with the college you are applying and research student loans for the remainder. Take out as few loans as possible becuase they are debt and have to be paid back once you graduate.