Tuesday, May 1, 2012

http://online.wsj.com/article/SB10001424052702304818404577350030559887086.html?mod=CRE_hp_LEFTTopStories&mg=blogs-secaucus-wsj

This article is due May 4th.  This article is worth double points

Read this article about dealing with the cost of loans.  What did the article say and what are your concerns?  

44 comments:

Matt Sprinkles 4 said...

loans are being taken more and more by students going into college from adults between ages of 18 and 22 and they are struggling to pay them back. i do not have any concerns dealing with loans since i do not have any idea if i would ever take loans or not.

brittney4 said...

what the article is talking about is if people would have problem paying back loans or not. i don't believe i will have many problems paying back loans, because i'm pretty good a managing my money. my mom has been saving up for college every since i was young, so i'm hoping i wont have many problems.

Joel Angelo B. said...

I'm super paranode about debt. I hate it. I hope to take as few student loans as possible and I'm already saving for college. I'm not going to get a credit card and I hope nothing else that will put me in debt. My Dad is going to teach me how to do taxes too, and I'm hoping to come up with another budget plan soon too.

Anonymous said...

It really scares me to even go to college. Student loans are something that you will have to take out unless you have millions of dollars saved up. Going into our senior year, this is something that we all will have to consider. in order to make the most money you will have to further your education. however, some people can not afford to do that. I know that i do not have money saved for college funds. There are just somethings that you have to sacrifice in life.

brandie said...

the younger you are the more loans you might have (college, home, car ect.) but it is a lot harder to pay off in the future. Because while working and going to school what would you pay off first. i would choose school even though i need to reduce my loans. I don't have any and hope not to get any.

AthenaHiatt4 said...

I'm going to college next year and i already know i'm taking out student loans. in my family student loans aren't really a big thing we know we have to pay themback and we are fine with that. it's how my mom got through college. I know i will be fine with paying them back and my mom will help me if something happens along the way. plus i do have money saved up. it is sad how a lot of people get brought down by their student loans. you just have to be smart about it.

destiny5 said...

Scholarships and grants are a great source of money to pay for college, and are much better than student loans.

TaylorMc5 said...

I'd rather use scholarships or grants. Loans would be a last resort for me. Loans can get you in so much debt but as long as you're smart with your money you can do just about anything money wise for college.

Ray G 5 said...

Scholarships and grants are a great source of money to pay for college.Loans can get you in so much debt but as long as you're smart with your money you can do just about anything money wise for college.

manny armbruster 5 said...

Scholarships and grants are a great source of money to pay for college.Loans and much more

KierraH5 said...

grants and loans are the best thing you could get for a source of money for college.

matt woodward6 said...

You should pay of grants and lones if needed as soon as you can. it will effect your criedt if you dont.....

Tre Burress 6 said...

grants and loans can be really helpful when you need lots of money but they can get really stressful when you have to start paying them off and you dont have the money to pay it back

Kayla Grewe3 said...

Grants and loans can be very helpful when you need a large amount of money at one time but if your credit is bad there is no telling if you'll be able to get the loan. But at the same time grants and loans can be very stressful when you start to pay them off because you might not have money to put into it all the time and getting loans you pay more than you would if you just gave the large amount of money. In my future I think I will be okay because I'm good at managing my money.

jgates5 said...

loans are being taken more and more by students going into college from adults between ages of 18 and 22 and they are struggling to pay them back. i do not have any concerns dealing with loans since i do not have any idea if i would ever take loans or not

yaskacruz3 said...

i would take a loan from any company because i wouldn't want to have a risk of not being able to pay them back. More kids 18 to 22 get loan from businesses to pay for college and then they end up on debt because they couldn't pay back there loan.

Christian Cunningham said...

Loans are great when u need a large amount of money for like college or buy a home. But you want to make sure you will be able to pay off the loans you have gotten in the future . If you aren't able to pay your loans . You are officially in debt ! And this is a risk that people don't want to take .

QuaySHAUN JOHNSON said...

loans are good to pay for your future but make sure you can pay loans are you will be in debt

Vega7 said...

Student loans are something that you will have to take out unless you have millions of dollars saved up. Going into our senior year, this is something that we all will have to consider.

Salas7 said...

Scholarships and grants are a great source of money to pay for college there much better than student loans.Even if you have money saved up you will still have to take out student loans.

sloan.marie6 said...

Personally i would rather use grants or scholarships before i would ever get a loan. when getting a loan you need to be smart about it and realize that they need payed back. don't go in debt over schooling.

AshleeT.5 said...

Scholarships and grants is a good way to pay for colleges. I wouldnt get a loan if I really didn't need it because that is just adding on to more bills you will have to pay.

Andre 5 said...

what the article is talking about is if people would have problem paying back loans or not. i don't believe i will have many problems paying back loans, because i'm pretty good a managing my money. my mom has been saving up for college every since i was young, so i'm hoping i wont have many problems.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

tbarker3 said...

Loans are a little iffy. I mean if I needed it and I KNEW I could pay it back on time I'd be fine with it. But most people jump into getting a loan without the mindset of "when can I pay this back?" Scholarships are a good way to get money for college without the worry of not being able to pay back the money.

Eric Eagle3 said...

You can pay some of your student loans with scholarships, and you don't have to pay them till you graduate.

rashaan KURTZ said...

it says that half of the student percentage dont max out on there loans, ehich to means more stuent are in debt because of here student loans.

Elijah Profitt 4 said...

What makes you think anyone "deserves" a good education. I deserve a paycheck if I worked for it. I might deserve my vacation pay if I've earned it. I may do something wrong and deserve punishment. But I know of nothing about being alive in America that would cause me to "deserve" a good education. If I get accepted into Harvard and pay them $250,000 dollars I might claim I deserve the opportunity for a good education. The rest is up to me.

Elijah Profitt 4 said...

What makes you think anyone "deserves" a good education. I deserve a paycheck if I worked for it. I might deserve my vacation pay if I've earned it. I may do something wrong and deserve punishment. But I know of nothing about being alive in America that would cause me to "deserve" a good education. If I get accepted into Harvard and pay them $250,000 dollars I might claim I deserve the opportunity for a good education. The rest is up to me.

justin3 said...

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justin3 said...

Loans are good and bad. They help you be able to do things you need now. Although paying them back can be hard because of the interest rate. I feel like loans for school shouldn't be used unless it is necessary.

Derrick Tre said...

- well , i'm going to fill out scholarships and grants as much as i can so i won't have to worry about paying pack student loans. but if i have to pay back student loans i'll make sure i'm financially stable so i can pay them back.

Derrick Tre said...

- well , i'm going to fill out scholarships and grants as much as i can so i won't have to worry about paying pack student loans. but if i have to pay back student loans i'll make sure i'm financially stable so i can pay them back.

shelby6 said...

I think loans and grants are a great thing for college, even though it takes forever to pay back its still the best thing too do, unless you get a

AngelaPursifull said...

I personally have to take out loans or i am unable to pay for college so for me its mandatory. even with my scholarships and grants i'm still behind in the amount of money i need to come up with for full costs and estimates.

markfayne3 said...

Loans are great when u need a large amount of money for like college or buy a home. But you want to make sure you can pay off each loan back or you will start to have bad credit.

Ambra3 said...

The article is about people paying back loans. I will need to get a few loans for college because my family will have trouble paying for my education.

tbarker3 said...

Loans are good but only if you know that you have the means to be able to pay it back. Obviously many people have to take out loans and I know that I'll have to if I want to pay for college, but once I get a job the object of paying it back won't be much of a problem.