Hello everyone! I am going to my dream school in the fall and I need 20,000. I was going to take out loans but I need a co signer but my parents abandoned me and my grandparents said they were too old to sign.
I’m in a pickle lol I just need some advice on what to do. I feel like every time I’m ready to move on with my life my parents always find a way to mess it up.
Comments
Backup of the post’s body: Hello everyone! I am going to my dream school in the fall and I need 20,000. I was going to take out loans but I need a co signer but my parents abandoned me and my grandparents said they were too old to sign.
I’m in a pickle lol I just need some advice on what to do. I feel like every time I’m ready to move on with my life my parents always find a way to mess it up.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Thanks for submitting to the Two Hot Takes Podcast Subreddit! We’d like to remind you that all posts are subject to being featured in an episode of the Two Hot Takes Podcast. If your story is featured you’ll
get a nifty flair change to let you know and we’ll drop a link so you can see our host’s take on your story.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
It’s gonna take a long time to research but look up what scholarships and grants you can qualify for. If you spent time in foster care there’s a pelgrant
They will give you the loans on your own. It’s idiotic that they base your need on your parents.
Not what you asked, but please, before borrowing money for schooling, do your research about expected salary for someone with your degree, and also the terms of the loan. So many young people get underwater with student loans.
What are you going to school for? Tuition reimbursement through an employer might be an option
Assuming the $20k is per year.
My suggestion is to ask the college if they can hold the acceptance for 2 years and if they transfer credits from the local community (or online) classes.
1.Do as many relevant classes that will transfer at the lower cost college.
Work as many hours as possible while getting good grades (saving what you can for the dream school), but also paying all bills on time.
Apply for as many scholarships as you can.
Once you’ve earned as many credits as you can at the lower cost colleges, transfer to your dream college. (My guess 18 months if you take summer classes).
If you do all the steps above, you
still get to go to the dream school,
will have saved around 2 years of higher cost tuition.
will have some money to pay for school (and hopefully some scholarships).
will have improved your credit score, so you might qualify for loans without a co-signer.
I don’t know if this is applicable to you but in my area my son got a $2000.00 grant for having ADD/ADHD/ASPERGER’S. We found out when he talked to a guide/counsellor at his University.
He also applied to the internship program at his University. When he graduates he will have his bachelor in computing sciences. He applied to a couple of companies for internships but was mostly focused on his courses so he was not trying very hard.
He was approached in the late fall of 2023 by representatives of our Federal government for an internship working in installing computer systems, phone systems, supporting computer security, etc. It took around 5 months for all the interviews and security clearances but he got an internship position for part of his summer break 2024. He made enough to pay for 6 courses thru the Sept 2024 to Apr 2025 school year (around $10,000/yr cost) plus extra for investments, fun items like new computer, etc.
Since it is so difficult and time consuming to pass they were also happy to keep him on for one day a week during the school year and bring him back for May to End of Aug 2025. The money he makes from this will pay for his final 6 courses of his degree.
It’s a super bad idea to go into $80k in debt for undergrad. Not what you want to hear, but I recommend that you go to community college for nearly free for 2 years, and then transfer to the closest, cheapest state school that you can. I can’t stress enough how bad of an idea it is to go into $80k in debt for undergrad.