Well you cant take out a “Student Loan” to buy personal items that do not have a thing to do with school. Student Loans are for paying for the costs of classes, books, room and board. But you should save your money to pay for school, then you should buy a car when you get out of college. Education is the sucess for the future, and dont make money a factor, because you have all your life to pay back school, its a simple, and the best investement a person can make. If you car is working fine, you dont need one. A car gets you from point a to point b, and if your car does this, you dont need a new one~!

It all depends on what your going to school for. If you feel confident that you will be ablr to pay the loans back after college go for it. The intrest rate will be lower on a student loan than a car loan. If you do take out a students loan do it through the federal program. If that is not enough take out a parent plus loan. Youdo not need to be a parent. Try to combine these loans with scholarships and you’ll get the maximun refund. I owe about 20,000 in students loans and I use to get refund checks for about 5,000+. Be careful though to make sure your spending the money on educational related expenses. Yes a car is considered an educational expense

I would keep your car u have and save your money. A bigger car is just going to cost you more money and more gas. A student loan sometimes requires u to show expensive s. “like where the money went” But I always said don’t fix something thats not broken” u have a car and it gets to from point A to B why change it. Good luck!

When my husband took out student loans for college, it went straight to the registrars office at the school. He didn’t get a huge check. He did get a little check to pay for books. So I don’t know if your plan will actually work…

I think you should just sell your Metro and get a different car.

First dont listen or respond to ANY of the above posts that say they are lenders!

Second, do you have money to pay for school outright? I mean meet all your expenses, books, etc?

Third, if so, you can take out a loan and do what you want with it, but dont get the loan if its for a car. Be Wise!!!!

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