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Because the the loan company hopes to make a crapload of money off of you...:-P...
Give it back. Student loans will destroy your life financially!!!
If it's a loan, and you have to pay it back with interest, I would certainly look into it, and not borrow more than absolutely needed. It certainly sounds like unethical lending.
How can I pay a student loan online?
by Answerbag Staff on April 7th, 2011
| 1 person likes this
Who determines eligibility for student loans: the school or the government?
by Answerbag Staff on March 10th, 2011
| 1 person likes this
Can i get another school loan before i finish paying off my old one? I never have been late or missed a payment.
by Strawberry on August 10th, 2011
| 2 people like this
Can I consolidate again after I earn my master's degree?
by Answerbag Staff on March 10th, 2011
| 1 person likes this
If I take longer than 4 years to complete college, can I keep taking out Federal Direct loans for as many years as i need?
by angel_face on August 9th, 2011
| 1 person likes this
You're reading My student loaners gave me ~$4000 extra from what I need for my tuition and books for the semester. Why did I receive all of this extra money? I told them I'm making roughly $250 a month and live at home free of rent.
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