College students, which is the best idea, take out a loan or Pell Grant?

[AmazonChick171]

I’m thinking about going to college at the age of 26. I applied for a university and hopefully I’m be accepted. I need some advice. Should I do a loan, Pell Grant or pay out of pocket.

Updates

10 mo

I also work full-time 40 hours a week.

[HighValue]

Use a PELL grant because it doesn't need to be paid back. Anything above that should be paid out of pocket.

Getting a degree doesn't guarantee a good paying job, or any job at all. All it often guarantees is using your time and resources.

Also, and this is very important, colleges LIE all the time. They lie about good jobs being available, they lie about the actual salary, and they often lie about having connections and job placement assistance. Avoid SJVC because they are a scam college.

[Surely]

Don’t know what field of study you’re talking about. If it has something to do with your current employer. Maybe he or she might sponsor your education.
I would try not to borrow anymore money than I would need to. No sense in paying interest if you don’t have to.
Good luck!

[Surely]

@AmazonChick171. Thank you for the MHO and good luck if you go to further your education!

[Vneila21]

I don't know too much about Pell grants. It'd be a good topic to google search. I took a math class and learned that loan departments ask for more money on top of student debt. I'll tell you more when I do some digging.

[AI Opinion]

Choosing between a loan, Pell Grant, or paying out of pocket depends on your financial situation. Pell Grants are ideal because they don't need to be repaid and are awarded based on financial need. Loans must be repaid with interest, so consider them carefully. If you can afford to pay out of pocket without financial strain, that could be beneficial. Assess your financial situation, future earning potential, and the total costs involved to make the best decision. Consulting a financial advisor at your university can also provide personalized guidance.

[WonderingManII]

I don't know, but I hope it works out for you.

[AmazonChick171]

That’s okay. Thanks anyways

[Anonymous]

for a career change? what type of career are you thinking of pursuing now? and are you living with folks/family? or living on your own, alone?