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Should I just give up on my dream college?

by tom44 on July 30, 2013

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Question by Akarui: Should I just give up on my dream college?
I want to go to SUNY Albany. It’s about 17,500 per year. I have no money for it; my EFC is 0. Do you think I should just give up and stay home, go to a city college instead?
Elisa- I couldn’t imagine how stressful it must be paying that much money off!

Best answer:

Answer by Elisa
It is very responsible of you to be considering the financial specifics of your future college education. You need to do what is comfortable and right for you. My family did not contribute to my college education, either, and I am currently paying off approximately $ 85,000 in student loans (from undergraduate and graduate school). While I wish that it had not been so expensive, I am proud of my education from a prestigious school. Good luck!

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2 thoughts on “Should I just give up on my dream college?

  1. Lila says:

    First what do you estimate you will make your first year out of college? Remember that when you graduate you will have to pay for your bills and student loans on top of that. If you’re going for a more technical degree such as computer science, accounting, nursing, etc.

    Its okay to get reasonable size loans, but if you’re going for a sociology degree then taking on that many loans is going to hurt you. It really depends on your degree and what career you’re going to go into after college. However with the economy being crappy, you don’t know if you’re really going to get a job after college.

    A lot of engineers right now are struggling to find jobs and these are qualified engineers with degrees and years of experience. Its up to you but if it were me I wouldn’t gamble with my future that way. You don’t know if the jobs will be there after you graduate. A lot of graduates are finding that out right now.

  2. Ron971 says:

    Call or visit SUNY Albany’s campus and talk with the admissions office. You may very well qualify for a variety of loans, grants and student employment. They’ll also send you an undergraduate catalog with more information, Don’t overlook the possibility of off-campus employment opportunities, too.

    Good luck. Where there’s a will, there’s a way.

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