Tuesday, January 10, 2012
Anyone frustrated with financial aid/student loans?
I am going to graduate school and I'm on financial aid - I get student loans. No, I'm not poor, but I don't have a spare 20K for a year of university...kind of like most people. I'm just really frustrated with it right now. I already have a job on campus to supplement my income and my parents are helping me as well. I don't live an extravagant lifestyle or have expensive hobbies or even go on vacations. But after tuition, university fees and books, I get a little under 8K to live on all year long. That's below the poverty line. And I'm not a single parent or a recovering addict, so I don't qualify for all the free stuff they get for going back to school. It just doesn't seem fair. Maybe I'm missing something because it seems like the system is set up to reward and perpetuate people who aren't responsible. Plus the whole financial aid/student loan situation after graduation seems like indentured servitude. I'm just really frustrated. Anybody else go through this? How did you handle it
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