I'm 18 and planning on transferring to a private university to major in Nursing. Tuition for the school I want to go to (University of San Francisco) is roughly 40k. And from what I've read, most students get around 30k in financial aid, so that means I have to pay 10k each year, so that means I have to take out 40k in loans. My parents are willing to co-sign to get me loans. They have good credit, so how much can I borrow in loans? And what if, after I graduate, I can't pay off my loans. Does that ruin my parents' credit? Does it ruin mine? What if my parents retire already? Will it matter if their credit gets ruined?
Oops, I mean tuition is roughly 40k per year
Oops, I mean tuition is roughly 40k per year