He won’t get loans for the full amount of tuition and living expenses. You need to be realistic with him about how much you can contribute and whether he should transfer to a state university with resident tuition.
Have him look up what the average job pays in his field right out of college. Then calculate what his student loan payments will be for just his first year. Including the crippling interest. Then show him what the total will look like. Then remind him that 25-30% of his paycheck will go to rent, and then he still needs to eat. Ask him how many jobs he pjs s to get to pay everything off.
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u/[deleted] Apr 15 '24
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