quick question, I'm just curious

For those of you who took out loans for school, how are you going to pay for them?
I really,hope dream passes but what if it doesn't by the time you graduate?
what is your plan to pay out your loans. I'm just wondering. Because I was sort of considering taking out loans, but then I thought, "unlike other ppl on here, I don't have relatives who give me money or parents who are nice enough to help me financially."

Same with me.
I'm just going to get a relative, or my step dad, to co-sign a loan so I can have it. Then I'll pay them back after college - hopefully by that time DREAM or something else passes.

Very good point you brought up cestlavie.

I shudder everytime I hear people in our position suggest taking out loans.

One should only do so if they are ABSOLUTELY sure they can repay them. An undocumented immigrant can not ensure that they will be in a position to repay them in the future.

I do not wish to insult any of my fellow members, but I am pretty sure that most of us can't afford to enter into any sort of DEBT seeing as money is not one of our greatest assets (me included).

A loan is debt.

Sure, taking out a loan may seem to solve temporary hurdles such as paying for college and what not, but I can assure you that living in debt for many, many, many years after you graduate is no pleasant feeling, especially if you can't work legally to repay them.

NONE of us can be sure that we will be in a position to work legally here in the United States in the next, 4, 5, or even 10 years. As such, it is totally imprudent and shortsighted to fool yourself into thinking that a loan is a wise decision.

Loans for school are especially risky. They likely run in the tens of thousands of dollars, and over 4 years, that surely adds up.

When one enters into a loan agreement, it is a form of a contract. Being unable to pay is essentially a breach of contract. As such, you will face numerous legal headaches to remedy such a breach.

Our situation is a difficult one, but one that can be overcome with patience, and wise decision-making (which does not rule out leaving this country). I urge anyone here thinking about taking out a loan for school to proceed with extreme caution and prescience.

yeah... loan can be a luxury too even if we can take it out. That's why I am in community college and saving money. Even for bachelors I only plan on going to states cause it's alot cheaper. UCs are well.... enormous financial burden, virutally impossible for me even with a loan.

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