How to go about paying for a college education?
How to go about paying for a college education? Here’s the situation. I went to college right out of high school and pursued a degree only to find out a year away from getting that degree that it’s not really what I wanted to do.
The problem is that my credit is just about maxed out after taking on a pretty substantial student loan in order to pay for the unfinished degree. I’m ready to go back to school now, but am having difficulty trying to finance it. My mom’s credit isn’t great after enduring some pretty hefty medical bills, and I’m not entirely sure that federal money will get me by while making payments on the earlier student loan. Between my rent and my student loan payments, I’m at about $1000 per month in bills (plus internet, phone, etc.). If I go back to school my income is likely to drop so that I’ll not be making enough to cover those bills. I could defer the previous student loan, but I’d rather not if possible, to keep knocking down my debt.
I’ve looked at some sites like Fynanz and GreenNote. Anyone have experience with these? I hate asking family and friends for money honestly, but am more afraid that if something were to happen to me they’d be out the money.
In talking with some friends, apparently some companies have programs to help you pay for school where you work for them at a reduced salary while going to school and they help pay for it, and in return you agree to continue working for them for X years after you graduate in order to «pay them back.» Haven’t had much luck in that department with the companies that I’ve expressed an interest in.
Any other creative ideas for paying for a college education?
Original text: How to go about paying for a college education?
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