Should I use credit card to pay for my tuition ( 3500)?

Question

I need to attend this graduate school program because it will help me get into medical school in the 2009 cycle.

Answer 1

I would say no, not all of it at least.

Answer 2

Ben Franklin said, When you borrow money (credit card) you have spent money.  My advice is avoid non emergency debt at all costs.  If you borrow $3,500 and then somehow get into med school, you won't have much of an income for repayment several years.  By then the 3,500 will double and double.  Do a google news search on young people and college loans.  

Can't understand your question. If you have not graduated from college what sort of $3,500 graduate course is it that will get you an undergrad degree and get you into Med School with out good grades.No offence but it sounds like a scam.

A suggestion: become a nurse.  My friends daughter was a mediocre student, became a nurse and got a $75,000 signing bonus plus excellent pay and her tuition debts forgiven.  Now that she is financially secure she is getting additional degrees to become a Physician's assistant, for even better pay .

Answer 3

No. Get a job and pay with cash.

Answer 4

If this is your only option.  It is better not to use credit cards but what do you do when it is your only option?  You use it.

Answer 5

It depends. Do you have the MEANS to make the credit card payments. If you don't have a job or a plan on how to repay it, don't do it. You'll go into default faster than you can say "amen"

Answer 6

You would be much better taking out a student loan than charging it to a credit card.  Keep in mind, a credit card will charge around 20% (or more) in interest.  A student loan can defer your payment until you graduate, making it much cheaper  for you to attend at an interest rate that is fair.  If you can't get a student loan, pay as much as you can on the credit card and don't charge another dime to it all semester.

Answer 7

if there is no way to pay your tuition, i think you have to use your credit card.. OR you can ask your parent  for a help and then you can pay them later..  

Answer 8

I would ask your Financial Aid office to go on a Payment Plan.  This way you can pay your tuition off through the year gradually.  This is what I always did.

You can also try applying for a FAFSA.