Soaring college tuition means it's difficult to get a degree these days without taking out student loans, and monthly payments mean less money available for saving. How many of you can't wait until those loans are paid off?
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Soaring college tuition means it's difficult to get a degree these days without taking out student loans, and monthly payments mean less money available for saving. How many of you can't wait until those loans are paid off?
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2
Do I ever! My parents helped when they could, but we were never that wealthy that they could just pay everything off..so in order to go to college I had no choice but to take some out..I seriously would be able to save sooooooooooooo much more if I didnt have to pay them each month
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3
I'm on my way to over $200k in student loans thanks to med school.
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4
Yay Quebec! Law school for under $10,000 (CANADIAN!!!)
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5
None for me (yet). LOL I have parents too who are very strict about education and I also have 2 major scholarships helping me out with my tuition and books. I have been lucky so far.
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6
No student loans but too much CC debt which is WAY worse, I think...as it is basically unnecessary debt.
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7
Med school does force huge loans . . . but it's hard for me to pity people that are going to make like at least 400/500K a year evetually . . and I bet dr's normally make waaaaaaaaaaaaayyy more than that.
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8
My mom saved for college for me since I was a baby, so we had plenty to pay for it. I still have a good chunk left over that I'll probably use towards my wedding. I know, I'm very lucky.
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9
Yup, still paying off around $11,000 from undergrad. Though, I'll have to defer payment AND take out another $30,000 a year for grad school. (Starting in the Fall! Woo!) I hate all these loans, but my parents are struggling to pay their own bills nowadays.
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10
I think I had about $25,000 total in student loans. I'm not sure how much of it has been paid off, but I should probably check.
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11
I don't but my hubby does, and that amounts to the same thing. Thankfully it's down to under $3k remaining, and at $50 a month and low interest it's been very affordable. But neither of us is done with school, so we'll see what happens in the future...
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12
i pay about 500-600$ a month to pay mine off
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13
almost 200k for me and my husband's law school educations
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14
i had a chunk of savings before i went into college from social security after my dad died, so i used that money to pay for most of my BA, but i still came out with $8k in loans. now i'm back in school for nursing, but before i started my program, i worked full time & saved another good chunk of money so that i won't (hopefully) have to take out loans. right now i'm halfway done & haven't even used half of my savings yet, but i'm working full time during breaks & part-time during school to supplement my savings.
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15
My loans were pretty small; I had some scholarship and grants, and my parents contributed a LOT. I was very lucky. It's been in the $60-$70 range a month (I took a few grad classes, and loan payments are suspended during that period, so your payments are higher afterward). I believe I'm on a 10-year payment schedule, so I should be all done in January '10. Woo hoo!
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16
I got a pretty much free education in my country.
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17
none. my state pays for college tuition if you made good enough grades/act scores in high school. And then grad school was paid for by my university in the form of a research assistantship. I know that I have been blessed.
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18
i'm lucky- my parents covered undergrad and they are picking up what my company doesn't cover for grad school. i need to go thank them again.
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19
i actually didn't atke out any loans for school but i ahd to work my butt off to pay for it all. it was certainly tough with a full time schedule of classes and a full time job. (thank god for commission jobs - that's all i can say)
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20
I think I'm finally under $100K with my law school loans. Add that to my boyfriend's $200K for med school loans and we'll be in debt forever.
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21
I had around $25k, all paid off just a few months ago! Now it's time to start tackling the $160k in my husband's med school loans. Although the ~$200-300k salary he (hopefully) will eventually make will help, I'm all about at least keeping up with the interest during his residency, and paying off the principal as much as possible.
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22
I have insane amounts of student loans. My parents said they are going to help me out big time...but it still always worries me!
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23
I have student loans, working full time and going to school was great but I still needed the assistance of a scholarship and loans. I don't even want to think how long it will take to pay off.
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24
Yes, for graduate school. Like Syako, my state also offered full-ride merit scholarships to state schools, but I chose to go to a private school on the opposite side of the country - luckily my parents paid for all of that plus my year spent abroad. But when it came to graduate school (I didn't do my graduate degree in the US), my parents said it was my choice and they had to put my brother through undergrad - fair enough - and so I took out loans in my name for that. Boo to student loans. My advice is to never go through Bank of America.
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25
I don't want to talk about it!
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26
I have one that I never should have gotten...for about $3500 so that I didn't have to work as much during my final semester where I took 18 credits...silly me its still around but with plans for an early payoff after our CC debt.
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27
UGH. I have about $20K worth.
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28
My parents paid for my IN-STATE public tuition. For that I am very fortunate. But I also knew they would ONLY pay for four years, so anything after that was mine to pay for. I am very thankful for that, but I also know they could only afford it because I went in-state. They didn't pay my living expenses, I had a job to cover those. And I wasn't in a sorority either. (I had friends whose parents paid for tuition, living expenses, car, AND their sorority "fees").
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29
Yes I have student loans and lots of it. I wish a generous rich person would just pay them off for me already! Oprah!? Please!?
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30
Yes I have student loans and lots of it. I wish a generous rich person would just pay them off for me already! Oprah!? Please!?
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31
i have about 20K in loans. boo! but im co-oping a year with an oil company, which for two months of working will easily pay off my loans.. i pay for everything though (tuition, rent, utilities, etc) which sucks when my two roommates are studying abroad and won't let me sublet their room, but don't want to pay for anything! must be nice to have ur parents pay to go to italy and leave me to pay for everything at school!
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32
oh yeah. my parents didn't contribute to my education... i think my debt totaled about $60K when i graduated (though that's about 1/3 of the cost for all 4 years--i received a ton in scholarships and aid). i have a minimum payment of $620 every month, though i shoot for $700. note to all future parents: save for college so your kids can actually afford food when they're adults!
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33
My parents always paid my tuition on time. I was very lucky. But I also went to a public university as opposed to an expensive private college.
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34
Nope none for me. I got lucky and fell into the "everything" financial aid category. I actually got a little money back to pay for my expenses while in school, I didn't have to work my first year of school. If it wasn't for financial aid I would have never gotten to go to college
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35
Yep.I went to a community college first so I would only have to take out loans for my upper division courses. I have a year left and at the end will have about $10k in loans to pay back.
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36
I've been paying for four years and still about about 20k left from undergrad + grad school. I'll get there...I'm not rushing, because I feel like it's "good" debt. I'm so thankful for the scholarships, grants, and loans I got along the way...can't imagine how long I'd be paying without them!
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37
I have about $70K. My dad is helping me pay it off which has been super nice. Mom says I should marry a rich guy.
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38
I'm working my butt off to graduate from my BSc with none -- and so far so good! I'm definitely going to make it: no loans, no parental help, no nothing, just a good work ethic. If I choose grad school, I'll be paid to attend at my university, so that'd be free + about $30 000 a year... but if I choose med, I'm expecting to finish with anywhere from $30 000 to $300 000 in debt, depending where I go.
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39
Nope. We paid off our educational loans several years ago. We're completely debt-free.
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40
Yay Poland! My school is free. Life isn't, but I'm living with my parents and they support me. And oh yeah, I started working two weeks ago!
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41
I had student loans but I paid them off. However, my husband still has student loans from chiropractic college. We can't wait to pay them off but we are very far from being able to do that. I think these days they are a necessary evil.
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42
I know it's important to invest in ourselves and our educations and the pay-off will be great...but what a sad nation we are when so many of us have to take on so much debt to improve our lives. Even at state schools which were intended to be reasonably priced for the masses has gotten out of hand. While I was in college, tuition doubled over 5 years at a state school in Wisconsin. I just think that's insane because it is rare to find a job without a degree or to move up quickly into management and yet it is such a heavy cost.
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43
YEP. My parents didn't help at all. I did it on my own and had to take out loans.
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44
none because my parents were awesome enough to save up since i was born. talk about planning ahead. i have my own CC debt to pay off though because i'm not as smart as my parents
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45
My father has been a professor at a private university since I was born so as long as I busted my tail to get in, 95% of my tuition was covered. That still left me with room & board, which was equal to in state tuition + room & board at many universities. My parent's covered that for two years but I decided to commute from their home towards the |
None for me.
I have my parents haha. They want an educated daughter, so they will pay for me. The catch is I have to help my dad's company out whenever he needs it