Confused Is as Confused Does
I am not a rocket scientist or any professor of any kind, and I will be the first to admit when I don't understand something. So when it comes to student loans and knowing a good rate, is way out my league. When I enrolled into college, I was excited, I was ready to get the paperwork going and start my classes. There were this person who was doing all financial aids and getting me set up with my books, and my other materials needed to continue my studies there. I remember them saying what's left over I get a check for, I also was told something about having to pay back the money for school, after I graduate but not to worry about it right now. I was just excited to be enrolled I guess I never really thought to ask any questions about repayment. So like some new college students, I just figured I would cross that bridge when I got to it. The one most important thing I was forgetting was to talk to a student loan manager, no one told me about my repayment options. Continuing on with my schooling I received a couple of checks which I was told they were the balance of my financial aid due to me. Not questioning a check from the school, I took it. Like most college students....I had to live, so I took the checks and used them. The one thing I should have done was get that student loan manager, but I continued on again......with my own plan. An accident happened and I lost the ability to write with my right hand and not amberdexterious so using my left hand was like a kid trying to write for the first time......chicken scratch.....no one could read my homework, notes nothing. Needless to say I had to withdrawl. Six (6) month later I started getting letters in the mail from the Student Loan company....wanting (at the time) a substaintial amount of money for school I never got to finish. That didn't matter, at least as I was told, so I kept ignoring those letters, never being able to get a job in the major I studied and not making any money. I was twenty-five when I started school, and twelve years later I get the guts to pay off my loans. I share this with my readers hoping you'll understand the real common mistakes made by freshmen students and even graduates. If I had taken the time to talk with a student loan manager, I would have understood my options and would not have had to go thru so much stress. Read all your paperwork, THEY ARE CONTRACTS and contracts are legally binding when signed. When my injury happened no one told me about injury claims on my student loans, even after I paid them. I could have got those student loans erased just because I became disabled during my schooling ( at the time). Today there are so many new things into play with repayment of your student loans and more people are here to help with management of your student loans.
There are books out to help you understand a little more what it is to one have to repay your student loan but your options on repayment. Let's face it, you have to pay back your loans, but do you have to be haunted by them...... NO, you don't.
I seen this awesome book from author & student loan manager Genevieve Dobson called
Failing Successfully Life after Debt......this is a good read and sugguest it to all those looking for help
on managing loans. I hope that a lot of my readers understand the importance of knowing about your options & what's available out there to help. Don't keep living in a state of confusion or stress over loans.......get the help you need!
Daisy Lane Click on Link Below to Purchase
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