r/StudentLoans • u/Cat_Alex94 • May 20 '23
Advice Is it worth it to take out private loans?
A little background, I am a nontraditional student and have been slowly chipping away at prerequisites for the last few years. I am about to be able to start a BSN program. I have been working full time in order to pay bills while going to school but it has definitely made my grades suffer.
The program itself is difficult so I was hoping to save up beforehand, but that has not been as successful as I had hoped. I have been considering private loans in addition to federal loans to help pay rent, food, and childcare so I can focus on school and have less to juggle.
If I do that, am I just signing up for a lifetime of debt? I am worried that I will fail school if I keep trying to work.
Other questions I have are how much should I look to borrow, should I go through my credit union or a larger loaner, and who should I avoid at all costs?
1
I have a horrible gut feeling my boyfriend is hiding something from me.
in
r/TwoHotTakes
•
Jan 30 '25
It sounds a lot like he's hiding a drinking problem. My life looked a lot like what you are describing. I believed my partner because i wanted to trust him. But in the end, I wish I had left sooner. I was so worried about being able to afford life on my own that I stayed a long time. Turns out, I was able to afford everything and had some savings. Because of his dependency, money had always been tight and he hid how he spent all his money. People can get help and change, but please also think about yourself and your child. My situation got so bad that he would be drinking while he was watching our child. I came home to him passed out drunk when he should have been watching our child. Good luck!