How much undergrad student loan debt is too much? At the school that I currently have the best offer for (Temple University Fox School of Business), my loans would look like:
• Federal Perkins - $2k/yr
• Federal Subsidized Loan - $3.5k/yr
• Federal Unsubsidized Loan - $2k/yr
At this school this would leave approximately $3-5k/yr to be covered. So, I would presumably have to take out a private loan to cover those expenses. I am extremely hesitant of this, due to their often predatory interest rates. With all said and done, I’d have 42-50k in loans to repay after 4 years. I would be commuting to this school, so no rent or meal plans.
Would the Air Force be a more preferable option to this? Quite frankly, I’m not even quite sure of what I want to do yet in terms of my major.
Extra info: EFC is 0, low income.
Submitted April 25, 2017 at 11:46PM by ModalEclipse http://ift.tt/2qcIEBD
