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Tim_Tex
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14 Oct 2006, 4:25 pm

I will be going to school in January, but my parents forbid me to get a student loan. What they are basically telling me is that if I can't pay for my entire college education using the money I have in savings (which isn't enough to pay for all of my education), then I will have to drop out. I can't even pay for the University of Houston using all my savings, much less the other schools I got accepted to.

So now, I am worried that my only options are to (a) get a student loan behind their backs, or (b) be completely submissive to them and use my savings, and maybe not finish school.

What do I do?

Tim


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14 Oct 2006, 4:33 pm

How old are you? If you're over 18, it's up to you to decide. It's non of your parents' business.


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TheMachine1
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14 Oct 2006, 4:34 pm

Tim_Tex wrote:
I will be going to school in January, but my parents forbid me to get a student loan. What they are basically telling me is that if I can't pay for my entire college education using the money I have in savings (which isn't enough to pay for all of my education), then I will have to drop out. I can't even pay for the University of Houston using all my savings, much less the other schools I got accepted to.

So now, I am worried that my only options are to (a) get a student loan behind their backs, or (b) be completely submissive to them and use my savings, and maybe not finish school.

What do I do?

Tim


I had to barrow $8000 in 93-96 (3 full years) at one of the cheapest schools in Texas.
Your parents are wrong!! !! !! !! !! ! Oh its also dumb to save money for school.
You do not need their permission to barrow and could do it without their knowledge
you will need a P.O. Box as your permanent address. Plus the names of 3 relatives friend/ address that want tell your parents. Infact its non of there bussiness. If they
pay your 100% cost do it their way . Otherwise do it your way.



Stinkypuppy
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15 Oct 2006, 12:29 am

I have to agree with the others, I think it'd be best to consider your own future. Your parents sound like it's a pride issue or something, as though you're less of a person for being temporarily indebted. They're not thinking in your best interest.

Get that loan.



ZedSimon
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15 Oct 2006, 8:24 pm

My vote would be A. You're a legal adult, so there'd be nothing stopping you from getting a loan if your credit checks out. Maybe the problem is in them thinking you're going to stick them with the payback, in which case, do what you can to allay their fears and make sure you really can pay the loans back on your own when the time comes. Better to pay for loans than for a lack of education.