Is it possible to live entirely off student loans?
I'm asking because I'm getting surgery. I have a physical job and would like to just take a year to not work and just concentrate on finishing my bachelors degree. But is it possible to live off student loans?
Asked By: Anonymous - 8/17/2012
Best Answer - Chosen by Asker
Well Direct Stafford Loans vary depending on if you are a dependent or independent student and whether or not you are a first year or second year student. It also depends on whether you are at a community college or a university... More
Answered By: Cami - 8/17/2012
Additional Answers (3)
Possibly, but not realistically.
Answered By: Josh Daniels - 8/17/2012
Federal student aid is first sent to the college where the school's charges such as tution and fees are deducted. If there is money left over after the charges are paid, the difference is sent to the student. However, there are limits to how much you can borrow each year ($5,500 for a full time, first year dependent... More
Answered By: nancy - 8/17/2012
Can you pay for all of your educational expenses and living expenses on a max of $10,500 a year?
Answered By: Supercell - 8/17/2012
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