Your sister asked if her college age son could borrow your only car for a long weekend while you are out of town - what should i do?

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Eldon Dietrich asked a question: Your sister asked if her college age son could borrow your only car for a long weekend while you are out of town - what should i do?
Asked By: Eldon Dietrich
Date created: Thu, Jul 29, 2021 7:27 PM
Date updated: Wed, Jan 19, 2022 4:47 PM

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Those who are looking for an answer to the question «Your sister asked if her college age son could borrow your only car for a long weekend while you are out of town - what should i do?» often ask the following questions:

🎓 Where is your sister going to college?

Going to Antarctica?

🎓 What college game this weekend?

Thursday, Sept. 16 and Friday, Sept. 17 college football schedule. UCF-Louisville was nearly a 2005 Conference USA rivalry, was the game that prevented anyone from arguing the 2013 Cardinals ...

🎓 How much should i borrow for college?

To calculate how much you should borrow for college, see the following rule of thumb. Total Student Loans = Projected Graduation Salary / 1.5. In other words, take your expected salary after graduation and divide it by 1.5. You should strive to keep your total loan balance below this amount.

1 other answer

Depends on what type of car it is, and if the boy has a job so he can pay for reapirs if he wrecks it.

Your Answer

We've handpicked 21 related questions for you, similar to «Your sister asked if her college age son could borrow your only car for a long weekend while you are out of town - what should i do?» so you can surely find the answer!

How much money you should borrow for college?
  • To build in room for the unexpected, a smarter strategy may be for undergraduate students to borrow no more than the federal student loan limit, which is currently $27,000 for four years of college. Over a 10-year term with a 5.05% interest rate (the current 2018-2019 rate on federal Direct Loans), this equals a monthly payment of $287.
How much should a student borrow for college?

Therefore, many financial experts agree that individuals interested in attending college but unable to pay for it themselves, or receive financial assistance from their parents, should borrow a reasonable sum of money. It's usually recommended to borrow more than $5,000 dollars annually.

How much should students borrow for college money?

To borrow more than $27,000, you’re going to have to do so at a higher rate. If you increase the rate to 6.4% you can only borrow $47,000. Remember, that’s for all four years, not per year. Back to the problem of students being afraid to borrow any money to pay for college.

How much should students borrow for college savings?

Undergraduates can borrow a maximum of $5,500 to $12,500 per year in Direct Subsidized Loans or Direct Unsubsidized Loans depending on your current year in school and your dependency status. If, however, you are a graduate or professional student, you can take out up to $20,500 in Direct Unsubsidized Loans.

How much should students borrow for college tuition?

According to the National Center for Education Statistics, the average cost per year at a public four-year university was just over $19,000 for the 2015-2016 academic year. The number balloons to...

Should i borrow to pay for kids college?

After you’ve tapped out all other options, borrowing money to pay for college is your last resort. Your student should exhaust her borrowing options before you …

Should you live with your parents while you attend college?

You should if you can't afford to live on your own. College students should be aware that there are a wide range of student scholarships, grants, and loans that provide financial assistants if you can't afford to pay for college.

Should you repay your student loans while still in college?

Making even small payments on your student loans while you are in school can save you a lot of money over time… You can avoid this and save money by making interest-only payments while you're still in school. Payments can be small each month, but helpful in the long run.

Should you start your own business while still in college?

A college degree is not required to start a business, but it certainly helps. College not only teaches students educational topics that can be helpful in starting a business, but also soft skills, like how to be lifelong learners.

Could one work as an emt while attending college?

Yes. I have known many people that have worked full and part-time while attending college. Most of the private ambulance companies in the area I live actively hire college students that are licensed.

What town is calvin college?

Calvin University is a world-class Christian university in Grand Rapids, Michigan.

What town is morningside college?

Located in Sioux City, Iowa, Morningside University offers undergraduate students a small residential campus setting complete with immersive academic programs and more than 50 student organizations and clubs that span a wide range of interests.

How could a college education affect your long-term financial plan?

How Might A College Education Affect Your Long Term Financial Plan. Budgeting? The term ‘budget’ is probably well understood by the layman. Budgeting is an important component of financial success; it makes it easier for people with incomes and expenses of all sizes to make. A manufacturing entity for example, might prepare sales production and administration budgets.

Can you borrow from your 401k for college?

Pros and Cons of Borrowing from a 401k Retirement Plan to Pay for College… Most employees may borrow up to $50,000 or half of the vested balance in their 401k, whichever is less, to pay for college.

Could starbucks pay your college tuition?
  • The coffee company will now also pay for your college degree. Starbucks just announced a new plan to pay all tuition costs for employees who want to earn a four-year, online bachelor's degree from Arizona State University. Previously, the company paid for students to take two years' worth of these online classes, but the new Starbucks College Achievement Plan (CAP) will allow employees to earn full, four-year college degrees.
What are notre dame college sister school?

School Sisters of Notre Dame. The fearless and faithful spirit of the School Sisters of Notre Dame inspired them to establish Notre Dame of Maryland University as the first Catholic college in the United States to award four-year baccalaureate degrees to women. Current School Sisters of Notre Dame.

Should student work while attending college?

For many students, working during college is a necessity rather than a choice… Experts say that the ideal number of hours for students to work is 10-15 a week. In fact, there's even some evidence that working a little bit while you're in school can actually improve your chances of graduating.

Should students work while attending college?

Working a part-time job while in college can help students pay for personal expenses, supplement financial aid and gain valuable work experience… The first, Douglas says, is that "if you're working during college, you're gaining important work skills that will be valued by future employers.

Should students work while in college?

Working a part-time job while in college can help students pay for personal expenses, supplement financial aid and gain valuable work experience… The first, Douglas says, is that "if you're working during college, you're gaining important work skills that will be valued by future employers.

Should you work while attending college?

For many students, working during college is a necessity rather than a choice… Experts say that the ideal number of hours for students to work is 10-15 a week. In fact, there's even some evidence that working a little bit while you're in school can actually improve your chances of graduating.

Should you work while in college?

If you are a full-time college student pondering this age-old question ("Should I get a job?"), worry no more. You are in the right place! Chances are, you have several reasons not to get a job: time constraints, fear of earning bad grades, a lack of skills, short-changing your friendships… Let’s take a minute and debunk the biggest lies about student employment. 1. I can’t work because… I won't have enough time for other priorities. False.