Student Loan debt

2Xtreme21

Diamond Member
Jun 13, 2004
7,044
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I graduated in December, and I'm calling around trying to get a consolidated loan and my total amount to repay is around ~$55,000... kind of a smack in the face. :(

How much was yours and how long did it take you to repay it?
 

child of wonder

Diamond Member
Aug 31, 2006
8,307
176
106
Had to take the max on loans to supplement our income while I went to school.

Came out with $14,000 in debt.
 

Farang

Lifer
Jul 7, 2003
10,913
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0.. starting to slowly go up during the job hunt. Think I'm at 200 now, don't know if that counts as student loan debt. I did quit a job to go back to school
 

2Xtreme21

Diamond Member
Jun 13, 2004
7,044
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For those with 0 debt, scholarships? Parents with money? You with money?
 

theknight571

Platinum Member
Mar 23, 2001
2,896
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0 for me and 0 for my 3 sisters...I still don't know how my dad did it... but I will never complain about it. :)
 

Farang

Lifer
Jul 7, 2003
10,913
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Originally posted by: 2Xtreme21
For those with 0 debt, scholarships? Parents with money? You with money?

Parents.. but I was middle class growing up so I don't really know how it happened. They paid for my 3 brothers too.
 

Terabyte

Diamond Member
Dec 19, 1999
3,875
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71
I'm in school right now (undergrad), and I have loans. School costs alone ~ $3000 a quarter. Since there are 3 quarters in a year, and hopefully, I will only be in school (ungrad at least) for only 4 years, so....3000x3x4 = ~$36000 in loans. :( I'm glad they are federal loans at least (right?).
 

acheron

Diamond Member
May 27, 2008
3,171
2
81
my great-grandparents paid for my grandparents to go to college, my grandparents paid for my parents to go to college, my parents paid for me to go to college, and i will pay for my kids to go to college.

thinking of going for an MS soon, but in that case my job has a tuition reimbursement benefit that would pay for it.

however, my wife went to law school, so we have a ton of loans for that.
 

BassBomb

Diamond Member
Nov 25, 2005
8,390
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Originally posted by: 2Xtreme21
Originally posted by: BassBomb
Originally posted by: nkgreen
Still in school, but none so far.

This. 6k per 4 month term is insane though

Mine was roughly $9k per term for housing + tuition + fees.

I am only counting tuition + books. I live at home and commute.
 

Aikouka

Lifer
Nov 27, 2001
30,383
912
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Something around $30k.

Kinda makes me wish I went to a state school instead or if I lived in NY (lived a little south of the border in PA), I would've just gone to the local state school there for mad cheap.
 

Terabyte

Diamond Member
Dec 19, 1999
3,875
0
71
Originally posted by: Aikouka
Something around $30k.

Kinda makes me wish I went to a state school instead or if I lived in NY (lived a little south of the border in PA), I would've just gone to the local state school there for mad cheap.

Yeah, I should did my lower division classes (general chem, calculus, physics) at a state college. It would've been easier and cheaper.
 

Farang

Lifer
Jul 7, 2003
10,913
3
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Originally posted by: Terabyte
Originally posted by: Aikouka
Something around $30k.

Kinda makes me wish I went to a state school instead or if I lived in NY (lived a little south of the border in PA), I would've just gone to the local state school there for mad cheap.

Yeah, I should did my lower division classes (general chem, calculus, physics) at a state college. It would've been easier and cheaper.

I don't know how common this is but in WA we have running start so you can get your first two years for free during high school. They really did not advertise that program enough.

In my case it was bad though since my college was already free and my Senioritis permanently damaged my college transcripts
 

Dr. Detroit

Diamond Member
Sep 25, 2004
8,561
951
126
Originally posted by: 2Xtreme21
For those with 0 debt, scholarships? Parents with money? You with money?

US Army College Fund - roughly $35K total that was paid monthly while enrolled in school full time.


 

wiredspider

Diamond Member
Jun 3, 2001
5,239
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Scholarships paid for my freshman year, got a full time job which also had a little bit of tuition reimbursement.
 

dullard

Elite Member
May 21, 2001
26,130
4,787
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BS: $0.

MS/PhD: Just over $8000. But then, I used it to buy a car and make a dent in my house downpayment. Since it is just about 3%, I see no reason to pay it off sooner than I have to. I've been paying for just over 4 years and I will have it paid off in 10 years.
 

JDub02

Diamond Member
Sep 27, 2002
6,209
1
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Just under $30k for my BS. My wife had just under $40k for her BA.

Down to $8k on mine and $33k on hers.

Student loans suck. I hope that my kids won't have to deal with student loan debt when the time comes.