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I have a friend going through a boot camp, and the financing was eye opening. They are indeed expensive, but consider: what if an applicant does not have the cr
by d4mi3n 7y ago
I have a friend going through a boot camp, and the financing was eye opening. They are indeed expensive, but consider: what if an applicant does not have the credit history or collateral to get a student loan?
This is a pretty common situation for people looking to pick up a trade skill to get out of the unskilled labor market, or for people looking to transition into a more desirable field of work.
- austenallred 7y agoLambda School doesn’t currently look at credit history or require collateral.
- learc83 7y agoNeither do traditional Federal student loans.
- austenallred 7y agoYup! The point is most private loans do
- learc83 7y ago90% of student loan disbursements are Federal, so for the vast majority of people that's not really a relevant concern.
- azhenley 7y agoLast time I checked federal student loans do not require a credit check, collateral, or co-signer.