12-15-2012, 04:16 AM
(This post was last modified: 12-15-2012, 04:31 AM by GokkunMilkshake.)
cookderosa Wrote:I'm going to be blunt. Your focus needs to become razor sharp. Eye on the prize as they say. You need to get your 90 THOUSAND dollars worth of credit into a bachelor's degree. A legitimate, accredited degree. Brands are for 18 year olds, just buy a hoodie and move on. Sorry, but you need to focus on what will get you working! Earn your remaining credits and squeeze every penny out of every credit.
A few things: AAS degrees are terminal, meaning not typically intended to transfer anywhere, so don't be shocked if the 60+ credits in that degree don't amount to much. *I have one too Your community college gen eds will all transfer. You'll be able to use CLEP and DSST for any gen ed deficiencies. Ask for help filling your major as cheaply as possible- everyone here will help.
I'm sorry, I'm just such a monumental tightwad (and I have 4 children) but if you can turn this into a positive- do you mind sharing how you go into so much debt earning 100/200 level credit? I'm not judging- please know that- I'm seriously hoping you can provide guidance for those who come here and might be able to avoid this situation. I have more credit than what's in my sig- my sig only lists my degrees. So, there are 3 other colleges I left out. I just did the math, and I've spent $42,000 give or take a few bucks. ($24k of that on my AOS two decades ago!)
1) Go to a community college on student loans for a year, move.
2) Go to a state university for a year (living on campus), drop out
3) go to ITT, graduate
4) Start pursuing ITT bachelors online, drop out
5) Take classes at devry half time for a year, drop out.
The bulk of this debt came from ITT/Devry. A very sizable chunk specifically comes from variable rate private loans gotten through ITT, which have capitalized in a very big way after raising to 9-13.25%APR depending on loan. I absolutely would not advise anybody to go for any variable rate loan, ever.
Why so many schools? Well, I have had a lot of instability in my life. Some circumstantial, a lot self inflicted. Things are getting better now, and I'm clawing my way into a proper life. Probably don't want to share more than that
By the way, Devry's fee schedule is set up so that if you go halftime, your tuition costs twice as much, so you may as well go full time. I went halftime, and even then dropped classes because I really wasn't ready to go bakc to school and was not in a good place.
I am now at my aggregate limit for loans, luckily now I can afford to pay for my expenses out of pocket, at least with the path I am checking out.
Before I learned about TESC, Excelsior, this forum, etc I had planned on taking GenEd courses at Community College to fill out my bachelors at devry, leaving a years left of actual Devry classes to take.
I am glad that I am not doing that now, as that would be a pain to pay out of pocket, especially when I need to be paying down the principle on some of those HIGH interest student loans.
Whatever I go into, I am looking for a few things:
1) Cost
2) Speed of acquisition
3) Applicability to my career. Something that will open doors.
4) Value of degree. Although everything looks promising, I worry if others might bat an eye or perceive TESC or EC negatively. But then again, it can't be much worse than the ITT/Devry's of the world.
5) Ability to get into a graduate program at a state University. The idea is once I get my bachelors, to continue my education, albeit half time. This prevents interest from being capitalized on my loan so I can pay down principle quicker, while getting a higher degree