07-24-2021, 12:33 AM
The ongoing forbearance and rumors of cancellation is prompting me to reconsider my own financial planning. Previously, I rejected my loan awards for the 2021-22 year and elected to pay whatever wasn't covered by aid & scholarships. However, as long as interest isn't accruing (or rather is being subsidized by Uncle Sam), it would make sense for me to put off paying as long as possible. If the progressives do get forgiveness passed, those Federal loan balances could even get wiped out. Also, I could use some more tradelines on my credit report. Altogether, the current student loan atmosphere is making taking on unnecessary loans seem like a responsible option.
Does anyone have experience going back to TESU and asking to use previously rejected loans? I did fill out my MPN, ASLA, and counseling a while ago for the 2021-22 year just in case.
Does anyone have experience going back to TESU and asking to use previously rejected loans? I did fill out my MPN, ASLA, and counseling a while ago for the 2021-22 year just in case.
TESU Class of 2024 BSBA-CIS+GM, BSIT, ASNSM-CS+Math, AAS-GEN
Earned credits from Sophia, SDC, ASU ULC, TEEX, Microsoft, Strayer, TESU, Saylor, DSST, CLEP, CompTIA, StraighterLine, and others since starting in April 2020
Earned credits from Sophia, SDC, ASU ULC, TEEX, Microsoft, Strayer, TESU, Saylor, DSST, CLEP, CompTIA, StraighterLine, and others since starting in April 2020