I just do not understand the concept of loans.

OK, maybe I do, and I just really dislike the concept.

Anyone who begins the loan process knows just how painful it can be. I just think the fact of the matter is, whoever is top dog at deciding the interest rate, should be taking in consideration a little more than an income.

Honestly, I am going to be real here, most of us who apply for loans do not have access to the money right away. There is no way we can pay that back in a short period of time, which is why they give you something like 10-15 year plans to pay it off.

Anyone who has loans knows that the interest rate is never your friend. It will eat you alive. So for those of you who think you are getting away with only taking out $5000, I am very sorry to disappoint but you will be paying at the least, double that amount. All because of interest, and those of you who have to take out a $10000 loan will actually be paying somewhere around $25000.

Yeah, I know.

Do not forget about those federal subsidized and unsubsidized loans your school gives you to pay back after you graduate. Don't you forget about those. Oh, I see you only had to take out $4000? Well, add on interest, so that puts you to about $9000, and oh boy that $6000 worth of federal loans just snuck up on you like that. So looks like you are paying roughly $15000. Just for year. HA. Wow. OK. I need a tissue.

So, it is definitely a good to start paying off while you are in school, if you can afford it, because then it will probably save you a couple thousand.

Just please let me know where these people (loan distributors) think I am going to get all that money from. Most definitely not from my job that pays me minimum wage, or my four-year old brother.

There are plenty of external and internal circumstances I think they should be taking into consideration. Like, whether or not you help pay rent in your house because your mother/father doesn't work, or maybe the fact that you are busting your a** everyday working overtime every week, to help support your family of 8, or what about the ones who work 2 jobs, plays a sport, and still cannot afford to buy himself/herself a new pair of sneakers? Think about the ones who come home from a long day just to clean up the empty bottles of beer piled on the table, or who takes the beating so their siblings can have a better life, or how about those who come from foster homes?

What about them? Take that into consideration before digging our financial grave.

We don't ask for the life we have, we were given it. We were thrown into poverty, divorce, fighting, gangs, drugs, abuse, etc. We didn't ask for it. Sometimes, people are blessed with a baby at an age you aren't capable of nurturing, and that's OK, but they didn't ask for it. At least, I hope not.

I hope I made the point of the fact that there are a lot of us out there who can't show the state of living we are in, just our income. And, there are a lot of us who I think are unfairly given and unfair interest rate, or not enough financial aid.

Trust me, we all need help, some more than others.