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To: Eska
We could have taken loans out too, they would have given each kid over 10 thou/year; but I said no way.

Are your kids eligible for a subsidized or non subsidized loan? The subsidized loans provide the generous terms, low interest rates, interest payments during school, income contingent repayment, and limited payment periods. The unsubsidized loans have none of these features although it is still easy to qualify for a non subsidized loan.
13 posted on 10/27/2011 3:38:56 PM PDT by businessprofessor
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To: businessprofessor
They can only get non-subsidized loans but we didn't take any out. My wife did all the fafsa paperwork and then we didn't even take it and ya know; we feel better about it. Driving a 20 year old truck, but better for it, no joke.

Crazy thing is we only make 100K, get our income down to 60 and no free money for us, ha; not that I really expected any, ha ha. So anybody who thinks 2 kids in school, they'll get aid like when I went to school, has another thing coming.

Only way we can do it is because we live out in the sticks in Alaska, house is paid for, no prop or state or local taxes, our cost of living is way low. We got 3 moose, 5 caribou, and a few bear this year, big garden and we set nets for kings every July; set for couple years. Wife is maxed out in her steps as teacher and I'm retired. I couldn't afford keeping them in school if we lived in an urban area, no joke.

Actually, I feel happy enough being able to keep them in school the way we do it, life is good.

The local Indians can go to school for free, but none do. Of course most are FAS from birth and have a hard living anyway.

17 posted on 10/27/2011 7:31:50 PM PDT by Eska
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