1. Dec 20, 2007

### Benzoate

HI, I am predicting that I will have a pool of college loans to pay once I graduate from university, seeing that I won't graduate in four years like most college students . There lies a problem, because right after I graduate, I want to attend graduate school. What do you guys think is the approach /strategy to apply that would I allow me to pay for college loans in a year or two? Perhaps maybe I should join the military so they would pay for my college loan with the GI bill I'm automatically entitled to once I sign up for the military.

2. Dec 20, 2007

### fizziks

Is your family poor? Are you attending an in-state school? You can probably get financial aid in grants for 4 years. It was enough to pay for my school. I don't have any debt. But it was a state-school, so tuition was incredibly cheap.

Also, don't "join" the military just to have them pay for your college costs. It's not the smart thing to do unless you are very very interested in military.

3. Dec 20, 2007

### gravenewworld

I most likely assume that you are going to grad school in science. If it is something else other than for a professional degree or in science/engineering think hard about it. You should never have to pay for an advanced degree. It just isn't worth it. How much do you owe? If you owe a lot you won't be able to pay off the loans in two years. Once you graduate you really really want to start paying off the loans as soon as possible since the interest builds on it everyday. Consolidate as much as possible at the lowest interest you can find.

4. Dec 20, 2007