Student Loans
in Banking, Insurance & Loans ·
Ethan Taylor9 said:Oh, you can definitely do that! Honestly, some banks offer specific student loans meant for general living expenses too, so instead of looking for one giant lump sum for tuition, you could grab a loan that gives you, say, $300 a month, and just use that to pay off your driving lessons over a few months—it works out great. For instance, JPMorgan Chase has this whole setup specifically tailored for younger people,
I mean, my only thought is that you might struggle to find a lender willing to cut you a single check for the entire cost of a driver's license upfront, because like my buddy mentioned earlier, it's pretty tough to get a loan approved for things that aren't directly related to your degree. But using that monthly stipend to chip away at your driving costs? That's a solid plan.
Thanks a lot 🙂