Student Loans For Living Expenses???

[caligirl860]

Where Can I get the Best Student Loans ??? - Also If I want a student loan for living expenses - Does the lender give that money to me directly or do they give it to the school? - What are some good places to get the best student loans (private) like wells fargo, citibank, ect.... What are some of the best places offering the best deals?

[Petunia 100]

I'm getting the feeling from your threads that you want to borrow money to go to school, live on, and invest. In my opinion, this is a VERY BAD idea. I sincerely hope that you will take the time to learn a bit before you make some big mistakes that will haunt you for years to come. Please think about it.

[chrisgayle]

Seventeen states can lend money to students who live or will attend college there. Fixed rates range from 6 to 8.19 percent. In case of private lending agencies, it may be risk to lend from it. Since, it has high interest rates.

[myinvestmentinsight]

Your best bet is to grab a subsidized student loan via a FAFSA application. With this type of loan, you don't start accruing interest during the deferral period. The federal government recently took over all student loan operations, so I doubt you'll find a traditional student loan opportunity at your lending institution. You will most likely have to go for a personal loan, which can carry high interest rates.

[WealthWrestlers]

If you can, I would avoid using a student loan for living expenses.