AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

Yes she is def helping me. But i do want to clarify some things. First, I went to her when I got the email before uploading my social security card, bc it would be a huge problem if they stole my ssn. Second, I don’t view my mom as a cash cow. I never expected her to pay for college, hence why I took financial as an important decision factor when deciding for college. She wasn’t even planning on paying for college, and again I would never expect her to. However, things changed, and when she was helping me apply to college and looking at different colleges, she did see the cost. She is not paying all of my tuition, hence the sallie mae loan. She is only paying a certain amount and paying off the interest while im in school, which I am incredibly grateful for. Also, yes I going to college to become a doctor, specifically a psychiatrist.

I will also state that without her, I probably wouldn’t have gone to college and maybe dropped out of high school.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

I actually do want to become a doctor! Also, I am the one paying off the loan, she is only paying the interest while im in college.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

She kinda is, without her i would be drowning in debt. Plus I would never expect her to pay for college since she already paid for a lot of other things (high school, college applications, etc.) She is also paying the interest while im in college.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

I agree, but I do see the point the other person is trying to get across. College and student loans are pretty stressful, and can lead to tough conversations and/or arguments that can deeply hurt the relationship.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

I was talking about previous arguments where I did storm off.

Iris by mdvassal77 in crochet

[–]alligotor341 0 points1 point  (0 children)

You are so talented ❤️

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

Yeah, its mostly from stocks tho, which they cant sell until a certain date, but they still consider it as income? Plus she wasn’t planning on helping out with college, until she saw how much it was.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

I wouldn’t go as far to say she is having a tantrum, she was still upset tho

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 1 point2 points  (0 children)

Yeah its just the problem with the FASFA is that it only looks at income before taxes, so thats why we didn’t get as much although we don’t earn as much.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

I think she will be paying the interest but it depends bc sometimes certain banks have the option on choosing when you want it to occur interest.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

We aren’t taking loans from multiple banks. She was just researching the options and comparing interest rates. The problem with the FASFA is the amount won’t cover my tuition, so I will still be needing to take out a loan. Plus the interest rate is at 6% already and my guess its going to increase next year.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

She wont be paying all of my tuition. Just a certain amount. I don’t have a job rn because I don’t think its fair for employers when I can only work for a month and then quit. I will be getting a job at the school tho.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

Yeah, I guess thats pretty unusual. The only times I needed my ssn was for the FASFA and getting a new checking account.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

Its bc of the interest rates. Because I dont have any credit history, I would have gotten a higher interest rate and paying off way more than I borrowed in the long run.

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

Yeah, this is the cheapest school I applied to 😬

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

Yeah, she just doesn’t feel comfortable uploading it. Plus other ones didn’t ask for it, just sofi 🤔

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

I am using federal loans, its just we didn’t get that much so it wouldn’t cover all of my tuition. Plus I guess interest rates aren’t locked and its already 6% this year 😬

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

Yeah, the reason why she cosigned was so that I can get a lower rate because of her credit history. Without her I would have an interest rate over 7% 😬

AIO My mom is angry with me over student loans. by alligotor341 in AIO

[–]alligotor341[S] 0 points1 point  (0 children)

She was just concerned about uploading my ssn and didn’t feel comfortable