What consumer credit options would be available to the consumer in the following scenario?

I really need help with this business question: What consumer credit options are would be available to a senior high school student with a part-time job who wishes to attend college/university after graduation in a time of rising interest rates and high inflation? The student knows that his/her parents cannot afford to pay for all of his/her education. I've already thought of some credit options - grants and loans. Any more?|||Unless that student is going to be a medical doctor, a lawyer, or some other generally highly paid professional, it may not be a good idea to use student loans.





The average student attending a state college on student loans will end up with a bill of around $30,000 that they must repay and there are a large percentage of college graduates who can't find a high paying job when they graduate. That's a big loan burden hanging over their head for a very long time. Student loans are not forgiven in a bankruptcy, and if you get behind they are one of the few loans that the government will keep your tax refunds to repay.





I know too many young people who can't even move out of mom's house because the car payment, car insurance and student loan payments don't leave them with a living income each month. It's a sad situation and better avoided where possible.