Responsible Borrowing

[TheHDStation]

They make it look so easy and friendly. They welcome you with loving arms. They show their true colors, however, once they have you trapped in those arms.

[iSNEEZES]

I find it amusing that comments weren't disabled for this video.

[davidwallach]

It'd really kill them to just lower tuition, wouldn't it.

[tqfywlq]

"Don't worry, financial aid and loans are easy to pay off, and you'll be fine!"
lmao don't lie to me.

[MrBGeonzon]

This video forgot to add.
"YOU CAN NOT DECLARE BANKRUPTCY IF YOU'RE UNABLE TO PAY THE LOANS." 

[cheri]

If only borrowing was as easy as this video makes it look. Basically since I'm not rich enough to pay for school and not poor enough to get the grants I need, I will paying off loans for college for the next decade(s). Would it kill colleges to lower tuition? I shouldn't have to be penalized for wanting to further my education in order to prepare for my future career.

[GameNut]

Getting ready for college is pretty overwhelming... trying my best to stay focused

[judithapte]

I live abroad but im american and seriously its amazing how other countries treat their university students. In australia all permanent residents/citizens are applicable for a commonwealth supported place where the government pays for 50% of your tuition. Australian citizens like my friends all be getting no interest loans that only require repayment when their salaries exceed 50, 000 (and even then they pay a small amount in their taxes over the years so they dont get hit financially). Meanwhile the US government is out here acting like its the 1850s and going to university should be only for rich people, and us filthy poor people shouldnt even think about dirtying the hallowed halls of a tertiary institution

[MFMegaZeroX]

Got to love the condescending tone of this guy.

[sfgox]

Glad we spend what, 800 billion a year on our military, but cannot offer 0% interest rates on EDUCATION.

[laprechaun]

Why did I feel like crying at the end of this video? :(

[LackofRyan]

But it kinda sucks being middle class. . . receiving no aid at all.

[sLicKezT]

I DECLARE BANKRUPTCY!!!! - Michael Scott

[gammarust]

Haha damn now I'm thinking about my future more then before. I'm going to cry.

[amihartz]

My yearly expenses for a public college is almost 20k but then I'm only allowed to take out 7k in student loans?
Dude my private loans are through the roof! rip me lol

[MoParadise]

The answer has many variables. Information needed to answer that question: What type of loan is it? (Subsidised or not? Federal, Perkins or Private?)
How many months will pass between taking out the loan and when you begin repayment?
What is your interest rate? Is it fixed?
It is totally worth the effort to figure this out BEFORE you take out any more loans and when you get interest statements. By not knowing how this works you could end up like me. Borrowed 64k owe 112k (for 2 masters degrees)

[GeorgeTheRapper]

I'm not sure how accurate this is but I remember looking up how much federal funding went into education and it was only 2%!

[souladucky]

Anyone else think these financial-aid requirements are crap?

'Merica.

[dtmevolved]

I am having trouble getting enough money together for college. They said I have two weeks to pay or I get dropped. I'm trying to become a firefighter, with a low salary because I want to save lives and help people. And this is how i'm treated? 

[janetking]

Yes, I agree that student loans may be the only way to attend college. Also, you need to be careful and only take out the loans necessary and no more.