I have a 20 year old that has paid for her own school at the local community college and will get her associates after this semester. She is transferring to Arkansas Tech University spring semester. She is on the president's list. My wife and I assumed that our children would be able to take out loans and pay for their own school, but it turns out that they dont qualify to take out nearly enough. My wife and I apparently make too much money. We have been very dumb with our finances. We make (together) around 90K, but in debt up to our ears and are living paycheck to paycheck. We have already drastically reduced our standard of living in order to start paying down our debt. The result is we are able to make payments on our bills. A couple years ago we were behind on everything except our mortgage. My wife is a teacher, we are still paying her student loans. I am a combat veteran currently working as a cable installer. Our son has been accepted to Kansas State Universoty and will begin classes next fall. Our credit is high 6, and low 7. Dont know what to do.
Submitted November 10, 2018 at 08:49AM by Jub-n-Jub https://ift.tt/2JRGVMZ
