Comments on: Student Loans: How Much Should I Borrow? http://www.discoverdebtfreedom.com/2008/08/24/student-loans-how-much-should-i-borrow/ Get Out of Debt and into Wealth Thu, 29 Dec 2011 07:28:55 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: collegeloanconsultant http://www.discoverdebtfreedom.com/2008/08/24/student-loans-how-much-should-i-borrow/comment-page-1/#comment-578 collegeloanconsultant Sun, 24 Aug 2008 23:34:12 +0000 http://www.discoverdebtfreedom.com/?p=280#comment-578 One reason lenders will finance students for more than the price of tuition and books is that college loans have more protection legally than other types of loans. Lenders can easily garnish your wages and a default cannot be settled with bankruptcy. A default will ruin all your future prospects from employment to home ownership. One reason lenders will finance students for more than the price of tuition and books is that college loans have more protection legally than other types of loans.

Lenders can easily garnish your wages and a default cannot be settled with bankruptcy. A default will ruin all your future prospects from employment to home ownership.

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