Covering the business of education and training

Some people will go to whatever extent necessary to get their education, begging from grandparents, mooching off mom and dad, working the graveyard shift (I did this), getting federal loans. But when any combination of those don't work, the student and/or parent must turn to a private loan.

What kind of student borrows from a private lender?

1. 83% are undergraduate students - 9% are graduate students, 7% are professional (medical or law degree) and 1% are post-baccalaureate students not looking for a degree.

2. 25% of all professional students take out private loans compared to 5% each for undergrads and grad students.

3. 7% of dependent students (Under 24) took out private loans averaging %$6,350.

4. 3% of independent students took out private loans averaging $5,054.

I taught at a vocational type school. Perhaps 90% of the students there had to do the loan thing to pay for their college.

I got a loan from the school at the start of each semester for that semester's classes. I worked everyday, before or after classes to pay back that loan just in time for the next semester to start.

I made my final payment on my school bills about two days before graduation.

How do you pay for your college expenses?