Bloody Student Loans

Kapitan_Phillips · 04-24-08, 04:35 AM

I was doing some research into International Student Loans, and every single one I looked at required a US co-signature.

Its not really an international loan if you have to know people who are willing to make that commitment in the first place

Platapus · 04-24-08, 05:36 AM

Not sure I understand this. I am not familiar with the term "International Student Loans"

Are these loans from US banks designed to help international students?

If so, then I can understand the need for a Co-signer that resides in the same country as the loan granting bank. The US Bank needs to have a US co-signer in order to get their money back.

Or does "International Student Loans" mean something else?

But in any case Student Loans suck but are frequently the only way a student can afford college. I am looking at about $75,000 in student loans if I ever finish my doctorate (ouch!).

Without student loans I don't think I could have afforded to go back to college.

Kapitan_Phillips · 04-24-08, 06:59 AM

Well you see, I was hit with the bombshell that on one occassion, I was given a fund declaration that said it would cost a minimum of $12,000 per academic year. Later, I got another saying it'd be $19,000.

Where the hell did that extra $7000 come from?!

04-24-08, 04:35 AM	#1
Kapitan_Phillips Silent Hunter Join Date: Jul 2005 Location: Swansea Posts: 3,903 Downloads: 204 Uploads: 0	Bloody Student Loans I was doing some research into International Student Loans, and every single one I looked at required a US co-signature. Its not really an international loan if you have to know people who are willing to make that commitment in the first place __________________ Well, here's another nice mess you've gotten me into.

04-24-08, 05:36 AM	#2
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,360 Downloads: 63 Uploads: 0	Not sure I understand this. I am not familiar with the term "International Student Loans" Are these loans from US banks designed to help international students? If so, then I can understand the need for a Co-signer that resides in the same country as the loan granting bank. The US Bank needs to have a US co-signer in order to get their money back. Or does "International Student Loans" mean something else? But in any case Student Loans suck but are frequently the only way a student can afford college. I am looking at about $75,000 in student loans if I ever finish my doctorate (ouch!). Without student loans I don't think I could have afforded to go back to college. __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.

04-24-08, 06:59 AM	#3
Kapitan_Phillips Silent Hunter Join Date: Jul 2005 Location: Swansea Posts: 3,903 Downloads: 204 Uploads: 0	Well you see, I was hit with the bombshell that on one occassion, I was given a fund declaration that said it would cost a minimum of $12,000 per academic year. Later, I got another saying it'd be $19,000. Where the hell did that extra $7000 come from?! __________________ Well, here's another nice mess you've gotten me into.