How much do you have and what are the payments? How long do you get to pay it off?
I have about 30k from my bachelor's degree and am now in graduate school. I'm doing an online program (local state school in TX) that does not apply very well to the direction my career has taken, so I'm thinking of transferring to another program. I have two lined up: one is another online M.S. at a state school, and the other is at the private school I originally attended (which would be on-campus). The school I went to (St. Edward's University) was absolutely wonderful and has a great reputation in this area. I loved going to classes when I was there. As a private school, though, it's expensive as hell and would cost about double what I would pay at a state school. The benefit is that I would actually get to go to classes with other people (which is something I'm really missing in the online program).
So, the big question is whether or not to add 10k to my student loan balance or 20k. Would the payoff really be that much higher and would the payments be that much higher? My loans have been deferred since I went straight into graduate school after my bachelor's, but I will eventually have to start paying it all back. I figured it would be helpful to hear from those of you who have been there and done that already.
P.S. Those of you who went to a cheap public school and/or had your parents pay for everything, didn't go to college, etc. can GTFO out of my thread because I don't want to hear it
I have about 30k from my bachelor's degree and am now in graduate school. I'm doing an online program (local state school in TX) that does not apply very well to the direction my career has taken, so I'm thinking of transferring to another program. I have two lined up: one is another online M.S. at a state school, and the other is at the private school I originally attended (which would be on-campus). The school I went to (St. Edward's University) was absolutely wonderful and has a great reputation in this area. I loved going to classes when I was there. As a private school, though, it's expensive as hell and would cost about double what I would pay at a state school. The benefit is that I would actually get to go to classes with other people (which is something I'm really missing in the online program).
So, the big question is whether or not to add 10k to my student loan balance or 20k. Would the payoff really be that much higher and would the payments be that much higher? My loans have been deferred since I went straight into graduate school after my bachelor's, but I will eventually have to start paying it all back. I figured it would be helpful to hear from those of you who have been there and done that already.
P.S. Those of you who went to a cheap public school and/or had your parents pay for everything, didn't go to college, etc. can GTFO out of my thread because I don't want to hear it