Can anyone help me understand what happens when I finished high school at the time Stafford loan?

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I am an adult who just started college last month. After a school for 25 years, I have painfully learned that this is not for me! This is justified by my debt (I did not already have a debt other than my mortgage), stress is added to my life becomes unbearable, I have more time for family or social things because of trying to wrap my brain around my studies, I also work full time and households to cope her husband and two teenagers. I currently have less than 500 dollars on my loan because I have just connected to 6 credits. I am not clear what happens if the loan goes too far and how fast I gotta pay, etc. Any advice is welcome. Thank you!

2 Comments
  1. Reply
    Jennifer b
    February 11, 2011 at 3:05 pm

    I just read that stuff because I just signed up for college . All you have to do is call them and explain it to them ur problem they will take you out of the program or you can put it on hold and you pay nothing until you go back or you can drop out and you have 6 months before they want money they will make payment arrangements with you. another option is you can claim hardship with means lose of job stress a lot of things can be considered hardship and pay little to nothing. good luck jen

  2. Reply
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