How did you get the moolah ($) to study abroad?

Question

I come from a lower class family, and I really want to go to an Ivy League school. I have heard from many people that studying abroad was an amazing experience, and I would love to study abroad too, but just don't have that kind of cash. I'm in 8th Grade, so I guess I have a lot of time to save, but any suggestions...??

Thanks!

Answer 1

PLUS Loans And Federal Consolidation Programs

An additional issue concerns those parents who are already in debt. Eventually, PLUS loans can be consolidated in Federal Consolidation Programs. This means that PLUS loans can be included along with student debt on a Federal Consolidation Loan with a Locked interest rate and a longer repayment program. This is particularly interesting because by locking the rate you can save thousands of dollars in terms of interests.

Furthermore, by means of extending the repayment programs and combining all debts into a single loan, you can obtain significantly lower monthly payments. Federal Consolidation Programs make student debt a lot more affordable which can bring a lot of ease to your financial life.

Answer 2

Unless you are fortunate enough to earn a full scholarship, i would suggest you start saving, now.

However, there are so many good schools here in the US, unless you have a particular goal in mind, studying at home has so many advantages, besides being less economically challenging.