SHOULD i GET A STUDENT LOAN TO PAY OFF MY CAR NOTE?

Yes get the student loan or sell the car. Don't take a year off. It's harder than it would seem to stack up that kind of money, and it's harder than it seems to go back to school after taking a year off.

On the other hand, if you can get a student loan, that's the easiest loan you'll ever have. You usually don't have to pay while you are in school. The interest will probably be lower than your car loan. If you get a federal loan rather than one from the bank, the are extra friendly with you about getting repaid. If you can't pay them back as scheduled, they will usually let you wait until you are able to pay them back (unlike the car loan, where they'll repo if you can't pay for a few months).

I used a student loan to pay for my car....at the time it was absolutely necessary, now it really sucks...I owe so much interest! But either way you look at it a loan is a loan and usually that comes with interest. Look on the bright side most poeple leave college with lots of debt...atleast you parents are paying for the scool part...mine didn't even do that. I'd do it again if thats what it takes to finish my degree.