Nov
16
How do people pay for grad school in this credit crunch?
Filed Under (grad schools) by admin
ColdRain asked:


This student loan credit crunch concerns me as I’m starting grad school next year. How do people pay for law/medical schools that are 30 - 40,000 a year when all you can borrow from the federal government is 12 - 20? I have excellent credit, however I have quite a bit of debt from undergrad and the private loan market isn’t lending to anyone in this environment. I hope the economy recovers by next fall.

Veronica
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    • Comments

    collegeloanconsultant on 20 November, 2008 at 5:38 am #

    Hi-

    You can get a GradPLUS loan from the federal government which is similar to a ParentPLUS loan, except it would be in your name.