Hi everyone, I'm pretty new to this community, and in all honesty I'm not the best with understanding finances. Currently, I am committed to a private university that would cost around 30k per year after Federal loans/work study/grants. I am grateful that my parents are offering to help me with the remaining cost, but I don't want them to be put in unnecessary debt. Currently, we can comfortably pay around 15k per year out of pocket, leaving 15k per year that we would have to take out in loans. What would you guys recommend we do to make sure I get the most of my education while also making sure my parents don't take on too much loan debt? I've heard of different private loans and the parent plus loan, but I'm not too familiar with the pros/cons of these options. Any help would be much appreciated! Thanks again!
u/Affectionate_Door473
▲ 1 r/StudentLoans
u/Affectionate_Door473 — 25 days ago