Hi forum,

I recently was accepted to a grad program at a state university and am looking for ways to finance the degree. I am curious about student loans - like where should I be looking and what should I be wary of?

Thanks!

I recently finished a Masters Degree financed entirely by Federal student loans and a half-time assistantship. The assistantship covered my tuition and fees and payed about half of my monthly living expenses. I would highly recommend applying for one if you need help financing your education.

As far as student loans, I qualified for plenty through the FAFSA process. My biggest mistake was accepting all of what I qualified for. During my graduate program I used that money for plenty of luxuries and other things I didn't truly need. Now, in this economy, I am finding it difficult to find a good job that pays enough to cover the student loan debt I accrued.

Lesson: Only borrow what you need, not what they are willing to lend you.

sage advice... well put

Sad is giving best advice you. Thought if you need then you can go for it.