Comments on: How Does Obamaâ€™s Budget Plan Affect Me?

By: Justin

Justin — Wed, 12 Aug 2009 19:54:02 +0000

I have the same concerns. I just recently graduated and I have been working for minimum wage since then. FAFSA managed to help me out a little because I have 4 siblings and 2 cousins that are under custody, but only because the head of household is self employed. Because of the type of loan I have, the capitalized interest makes the principal grow as rapidly as my monthly payment. I’m looking at paying around 35,000 by the time I am done paying them off.

By: Erica

Erica — Thu, 07 May 2009 19:29:36 +0000

I would like to know if there is any plan to help those that have graduated. I am unable to pay my student loans and had to get a job that was not related to the field I graduated in, in order to pay my bills. Because of the economy people just aren’t able to pay for my services. My student loans will be a total of $100,000 by the time I am done paying them off. Is there anything that the goverment would do to help me?

By: Marielle McLaurin

Marielle McLaurin — Sat, 07 Mar 2009 16:45:41 +0000

I agree, what with the escalating price of colleges, something must be done to help people to afford it. However, another issue, too, is how FAFSA and those other financial aids determine the person’s eligibility for financial help. They look at the family’s income. This poses an issue for people like me, who come from big families (there are nine people in my family). My father’s salary is too high to apply for many of the need-based scholarships. But, he has to support a family of nine! I have SIX more siblings going to college after me, which means that money is very tight. I just pray that in the future, these things are considered.