Student Loans

Can You Use Student Loans For Rent – Stop Using Student Loans for Living Expenses

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Can You Use Student Loans For Rent – Best Deal Right Now?

This video is about my conversation with a college student in regards to not using student loans for living expenses.

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12 Comments

  1. Jewell Harris
    July 25, 2021 at 12:00 am

    Thank you so much for this advice

  2. Anna Canta
    July 25, 2021 at 12:00 am

    Im an incoming graduate student for a 2-year dental program. Estimated cost of attendance w/ living expenses is $270-290k at USC. We are discouraged from part time work since this is a full-time commitment, spending extra hours in the lab to practice and all that. Can you please shed light on how the student loan process works, as in applying for fafsa, waiting for the notice of eligibility, different types of loans, and submitting our budget?

  3. Roger
    July 25, 2021 at 12:00 am

    But why should students care about student loans when everyone else expects student loan debts to be FORGIVEN?

    Me? I graduate from my local public state research university with my bachelor's degree in business administration with a major in management and minor in criminal justice. And I too will have no student loan debt. When I first transferred in after getting my associates degree from community college, the university offered to pay only half of what it'd cost to attend. I responded by letting them know that I have no intention of taking out any student loans knowing that so many people's lives have been destroyed by crushing student loan debts. I threatened to go to a neighboring college that's slightly more prestigious. Two days later, no questions asked, they offered me the remainder of what I need.

    Moral of the story. Despite being not-for-profit, colleges are still in the business of making money. Ideally they'd like you to pay 100% of the sticker cost of tuition. But more often than not they're willing to give you some or all grants and scholarships you need to attend. At the end of the day, some money is better than no money. So negotiate on the "price." Threaten to go to their competitor instead if you need to.

  4. Itsthafreshs
    July 25, 2021 at 12:00 am

    Now let's say the school is 12K you get a Pell Grant that pays for partial the amount which is 6k should you take a loan out is it mandatory, or you can set up a payment plan to pay out of pocket

  5. Kyairaa Parker
    July 25, 2021 at 12:00 am

    How much is the bare minimum? Everybody keep saying do this do that but I’m just so confused.

  6. Tim Bell
    July 25, 2021 at 12:00 am

    https://www.gofundme.com/funds-for-living-expenses

  7. Margie Silva
    July 25, 2021 at 12:00 am

    "News flash", saying "axed" instead of "asked" makes you sound like an uneducated idiot. So frickin' annoying.

  8. Logan Cochran
    July 25, 2021 at 12:00 am

    I have a family and I am the only source of income I live off campus about an hour away, I have a mortgage, 2 car payments monthly utilities etc. I'm afraid to go through with big loans, but feel it's my only option to get a higher education, I plan to work full time the first 2 semesters, but the following 4 semesters I will need to cut back to part time to have time for class, is this a big mistake or is it manageable in the long run?

  9. WhereIAm26
    July 25, 2021 at 12:00 am

    Do you think it’s worth it to use the loan for just off camp living? I do have a part time job and this loan will only be for my housing.

  10. cherokeephil
    July 25, 2021 at 12:00 am

    Like, subscribe and I'll do the same. You might enjoy visiting my channel. I have thousands of videos ranging from travel all over the USA, to history, to news broadcasts to Facebook tips. I subscribed to this channel.

  11. Road2Destiny
    July 25, 2021 at 12:00 am

    Great advice.

  12. Malia Noibi
    July 25, 2021 at 12:00 am

    Good job Mommy