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School debt

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$0.

I was very fortunate and I thank my parents greatly for providing it to me. It is a goal of mine to provide the same to my kids. My fiancee is around 10k back. That is the only debt the two of us have. I never really appreciated all of it until this last year.
 
$0.

My dad's nice.
The money was even in my name(incase something happned to my father) so ever since I started working at 15 I was always taxed in the highest bracket(woot!). Definitely better than having an assload of debt coming out of school though.

I'm not going to grad school yet(if I do) so I'll probably acquire some debt from that. I will try to get a scholarship though.
 
Originally posted by: fLum0x
$0.

I was very fortunate and I thank my parents greatly for providing it to me. It is a goal of mine to provide the same to my kids. My fiancee is around 10k back. That is the only debt the two of us have. I never really appreciated all of it until this last year.

I don't agree with you. College kids appreciate it a lot more and screw around a lot less if they pay for it themselves.
 
Originally posted by: joshsquall
Originally posted by: fLum0x
$0.

I was very fortunate and I thank my parents greatly for providing it to me. It is a goal of mine to provide the same to my kids. My fiancee is around 10k back. That is the only debt the two of us have. I never really appreciated all of it until this last year.

I don't agree with you. College kids appreciate it a lot more and screw around a lot less if they pay for it themselves.
I think he's saying he didn't appreciate it until recently(I can only assume he's since graduated)
I was the same way, the first semmester of college I screwed up majorly because I didn't appreciate what I had.

Now I'm pretty much set in regards to a career(I don't need a degree) I've gone back to learn for the sake of learning and I appreciate what my father did for me a lot more.
 
Originally posted by: joshsquall
Originally posted by: fLum0x
$0.

I was very fortunate and I thank my parents greatly for providing it to me. It is a goal of mine to provide the same to my kids. My fiancee is around 10k back. That is the only debt the two of us have. I never really appreciated all of it until this last year.

I don't agree with you. College kids appreciate it a lot more and screw around a lot less if they pay for it themselves.

I disagree with that. My wife had hers paid for and I didn't, I screwed around *a lot* more in undergrad than she did. It wasn't until grad school that I began to really like what I was doing.

Which comes to an interesting point. If parents are paying for your education they are much more likely to force you into what they want you to do, instead of what you want to do. Thus, you have less motivation and drive to learn and do worse, screwing around.

That and undergrad is for screwing around (IMHO).
 
Originally posted by: LegendKiller
Which comes to an interesting point. If parents are paying for your education they are much more likely to force you into what they want you to do
Most all my friends have their college education paid for by their parents and I don't know of anyone who was pressured into a specific area. All my parents asked for were good grades.
Hell, my dad pretty much told me to do anything else than what he does. :laugh:
 
Originally posted by: JS80
$16k, 15 year loan @ 2.32%

My wife was able to lock in her $90k for 30 years at 2.4%. It's almost like a second mortgage with a good rate.

😱
 
Just over 10k. Computer Engineering, 3.5 years in college. It would be -5,000 if I didn't suck at the ACT/SAT. I really hate standardized tests. They're not very good litmus tests, as I graduated top of my class. I met so many people that dropped out with a full ride.
 
more than i should have - for one of the most value-priced schools in the nation. tuition took a hike my last 2 years of schooling... but it felt nice not having to work during school and the debt doesnt affect me much now
 
none, I had academic scholarships in undergrad that paid for more than the cost of schooling (provided I kept a 3.5 in Electrical Engineering, so not too much screwing around to be had), and parents picked up the room and board tab, let me keep the remainder

for grad school I got an assistantship, full tuition + stipend, and my parents are picking up the rent tab..I hope I get to keep it though cause I didn't do too hot in my first semester..
 
Mine peaked at 17k but I had it down to ~10k by the time I finished grad school. Paid the rest off w/in a year of finishing. Interest rates were much higher then so it was worth paying off as quickly as possible.
 
Sitting on a -30k net worth at the moment.


Dems - if you go back on your promise to halve the interest rate, I will move to a swing state and vote Green for the rest of my life *pumps fist*

Seriously though, it was all for a Masters, I had 10K in the bank when I graduated from UG (parents help + working ALOT), this last 1.5 years of grad school have been depressing. I am finally done, time to work and pay back the money to Uncle Sam... and then go get more loans for an MBA 😉
 
BS Aeronautical Science (Commercial Airline Pilot)
Minors in Aviation Weather & Computer Science
Certified Commercial Pilot

AS Air Traffic Control Operations

>$50,000 in debt when graduating....about $20,000 now since graduating in 2001.
 
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