Reply to Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college

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Reply to "Just Curious: Post if you have a Masters, Law or MD and your parents did not pay for college "

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Did your parents have access to 1 Million a year in income or not ? Was your scholarship FA based , academic or athletic ?

I am still waiting for some one to come on here and say, "yes, my parents were millionaire's and refused to pay/ or co-sign for a loan for college and  had to work from age 18 on to pay all of rent, college tuition , etc..."

I'd also like to know, if such a person posts, how they did it: how did you get a loan as a 17 year old with no credit history and no assets if parents refuse to co-sign ?

How did you get PEll Grant to over look your parents 1 million dollar income on their joint fed tax return in which you were claimed as a dependent ?

Do share.[/quote]

You're not paying attention, are you?  Several people have answered you that they took care of college on their own, but you seem unwilling to accept that response.

How did I get loans at age 17 with no credit history and no assets?  It was the standard federal govt loan programs run by Sallie Mae and some other organization.  I can't recall the details since it was 25 years ago. [b] I think my parents co-signed for me, but my recollection is that Sallie Mae would still give loans without a co-signer[/b], but at a higher interest rate.  The loans are paid directly to the colleges, so Sallie Mae is ensuring the borrower is not blowing the money on hookers and coke.

I got Pell Grants because I wrote to Pell Foundation and explained that I had limited parental support.  I guess they believed me enough to give me $500, but not enough to fund the other 98% of my college costs.  Those I paid for with loans.

Are you trying to claim college is impossible to afford unless parents are paying?  If so, that's just false.

You seem fixated on the $1m mark.  Are you trying to argue that all students with wealthy parents are getting parental support?  If so, that's false too.[/quote

No, there is no granting of student loans without a co-signer, and that co-signer also better be credit qualified with assets.

My point is that there are soooo many people on this forum who think that they "made it on their own" when in fact THAT co-signer was KEY. So what, you paid back the loan. I am not impressed. The point is, you had A LOT of help. Your parents under wrote your loan or flat out gave you the money by paying for school.

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