December 22, 2024 at 6:49 pm

‘Now I’m going to be $7,500 in debt.’ – Former Student Said She Wasn’t Happy About Her Experience With Loans From FAFSA

by Matthew Gilligan

Source: TikTok/@the_lanag

If you know you know…

I’m talking about student loans and how the companies who dish out that money to young people seem to make everything as complicated as possible.

A TikTokker named Lana posted a video and sounded off about her student loan woes.

Source: TikTok

Lana said that she got federal student aid through FAFSA to attend a community college and told viewers, “I specifically made sure that it was going to be enough to cover my whole tuition, not only for this semester, but for next semester as well.”

She said she unexpectedly received a refund of $3,500 before classes started and made a phone call to make sure that it was legit.

But she later got a phone call from someone at the school who told her that she owed $3,000 or else she’d be dropped from her classes.

Lana finally found out that she was mistakenly sent the $3,500.

Source: TikTok

But Lana had already spent the money…

She said, “Was it irresponsible of me to spend $3,000 in three months? Yes, it was. I’ll admit that.”

Lana was told she could either pay back the money or she’d get dropped from her classes.

She was unhappy with the options and said, “Why do I have to pay that money back whenever y’all gave me the wrong amount in the first place?”

Lana said she figured out how to enroll in a payment plan so she wouldn’t have to drop out of her classes…and now she has to get more student loans to pay off those payments.

She told viewers, “Now I’m going to be $7,500 in debt.”

Source: TikTok

Here’s the video.

@the_lanag

like can i catch a break?! #marketing#school#fafsa#socialmediamarketing#digitalcourse#overit#college

♬ original sound – Lana 🪬

Check out what folks had to say about this.

This TikTokker chimed in.

Source: TikTok

Another individual spoke up.

Source: TikTok

And this TikTok user shared their thoughts.

Source: TikTok

She’s in hot water!

If you liked that story, check out this one about a 72-year-old woman was told by her life insurance company that her policy was worthless because she’d paid for 40 years. 🙁