Tuesday, May 8, 2007

Student Loans - Beware


People take out student loans to help pay for the expensive costs of being a college student. These culinary school students took out such large loans because some culinary schools may have two-year programs that may cost up to $48,000. Many culinary students come from blue-collar families and do not have the financial experience to navigate the world of college costs, Ms. Sykes Hendee said. “The majority of students are the first people going to college in their families,” she said. “It’s not the rich and famous going to culinary school.” I think student loans are a good idea if you are almost 100% positive that you will have a steady income straight out of college. At this moment, i do not plan to take out a student loan but if the situation occur es in which it would be a good idea than i will in the future.