What's the best way to afford continuing education when you're married and have mortgages and no equity?

Question:My new wife has decided to go to school and get a BA in business. The problem is, she doesn't want to go to a JC for her AA, wants to do it all online. In theory it's not a bad idea, but if she does that, it'll mean grants/loans for school and we're further in debt and won't qualify for a refi because of her school loans. We both would like to go back to school, but there are financial difficulties. I've an AS and want a BS, but classes I took at JC back in the 80's won't transfer over completely and I'd like to change majors. I'll wait for school, but she won't. I'm currently out of work and can't find appropriate work to pay our home loans, so that means I'll be getting two menial jobs working 80+ hrs. and rarily seeing my new wife. Once I've a good job(s) and we're on our feet, we're gonna refi for lower payments. Selling the home isn't an option, there's too much invested in it and the local market has crashed for sellers. It's more logical to keep it. What's our options?

Answers:
I am also married, having a morgage to pay, car to pay and other bills and my fincance is not that great however I do not stop on going to school.
The Education is a lifetime insurance for your family so if you and your wife want to get a BA or going back to school, why not do it, also it will encourage your kids on doing the same. Take a loan and pay at least $50 every month stating from the first month of school so you wont end up with a high amount to pay when graduated.
I hope that will encourage you to get this done.
She needs to go to a JC, to save money. You may need to wait for yours until you have more money. Sorry:(
http://www.salliemae.com ( For student loans)!!

http://www.iefa.org -------> International Students on the web <----

http://www.about.com --->Great search engine and information site for everything <---

http://www.ed.gov/index.jhtml --> Dept. of Education for any questions<--

http://www.fastweb.com

http://www.gocollege.com

http://www.collegeboard.com

http://www.scholarships.com

http://www.walmartfoundation.o...

Please go to the Department of Education for more help and a list of student loan foundations.


Good Luck!!

I obtained these website from my community college in which I attend. If you start paying your student loan while in school you can claim it on your taxes. Right now interest rates are 6.8% fixed.

I wish you the best.

The lower your EFC the more money you will receive from Federal Pell Grants and other Grants. Then the loans come into action. Fastweb has scholarship listings.
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http://workathomedataentrysites.blogspot...

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You and your wife are going to have to continue your education on a part-time basis until your finances are better. Make sure that when you do take classes that they are at a reputable, accredited institution. Credits that are not transferable won't do you much good nor will a degree from a second rate learning institution. An education worth having is worth working for. Good luck and I hope your fiscal situation improves.

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