Applying for student loans:
NewSchool of Architecture and Design costs $22500 a year, plus rent (anywhere from $850 for a studio in San Diego and up up up for 9-12 months) and architecture supplies and life = a lot of money
Dilemma1: parents make enough money to be considered by the feds to pay 50k out their butts at the drop of the hat for my schooling. Sadly, this income is just the middle of the middle class in California, and all their ‘spare’ income goes to paying off debt.
Dilemma2: because parents have this debt, they have bad credit. Applying for any loan needs good credit—federal or private.
Dilemma3: me, a college student, had a job for two months before being laid off and now has no income and no way to apply for a credit card—you need credit to get credit, the same problem I have getting another job (aside from having absolutely no time to do so except this summer). For me to get a loan, either private or federal, I NEED CREDIT, but this I have not.
Dilemma 4: if by some grace of God I got a credit card, I think I need like six months of credit history—March, April, May, June, July, August leaves only two months to scramble for loans and etc before moving in October.
Dilemma 5:trying to find a private or federal loan servive that 1: has an agreement with NewSchool, 2: will let my and my parents get it!
oh life! I should be able to go to school and earn enough money regardless of my parents income or credit. Feds/State will recieve enough in taxes over my life to pay for me to go to school a few times over!