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    Speak Up! - View Question #416


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    Question: My parents want to send me to a college that I don't want to attend. Am I allowed to take out a college loan without their consent and pay for college myself?

    Answer: If a student is 18 years or older, he/she does not need parental permission to attend a particular college or take out a student loan. Check with your college loan/grant department to find out how to proceed.


    Comments
    1 thru 2 of 2 comments    [ 1 ]   
    On 04/21/02
    Barry from WV said:
    The reason that people under 18 cannot take out a loan by themselves is because by law, minors cannot legally enter into binding contracts, and you must sign a contract in order to take out a loan. Any contract signed by a minor (without a co-signature from a parent or legal guardian) is automatically null and void (the terms of the contract cannot be enforced due to being null and void).
    On 02/12/02
    Frederick Jonah-Bob from CA said:
    I think you should tell your parents how you feel. Maybe they will still pay for it. And if not, then maybe you should just attend the school your parents want you to attend;it may be a really good school.
    1 thru 2 of 2 comments    [ 1 ]   



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