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Originally posted by: mugs
Originally posted by: RichardE
Im looking at 16k/Year plus 6K books/year for the next 5 years starting this september..it is all going to be loans. Plus living expenses. Luckily, at waterloo you get to do 4month school, 4 month school, 4 month work every year. So Ill graduate with 2 years experience. Only downside is I want to go to graduate school...so no idea what studen loans will look like when I am done.

$6k for books?!


yeah, books are expensive. But that is insane.
 
Originally posted by: Descartes
I think you're out of your damn mind paying that much for the degree that you have.

Amen. Good lord that's a lot of money.

I still owe $8K and I've been out of college since 1998. Makes me sick that I owe even that much still.
 
Originally posted by: Descartes
I think you're out of your damn mind paying that much for the degree that you have.

you may have paid for the degree. I paid for the expeirence. One has a price tag the other simply does not.
 
State school FTW

Under 10K in loans for me and my wife. We have the money to pay them off, but why? Its a long string of perfect credit. Hell and the interest rate is as low as any decent money market account.

 
70K

My wife has 2 degrees, one of them professional, and I have 2 undergrad. Most of them being consolidated, our monthly payment is around $550. That hurts, but the good news is in 1-2 years I can sell one of our RE investments and pay the entire balance 🙂
 
i studied in india and my total expense for college was about $1000 😛
had an assistantship for my masters. when i was done i had 9k in the bank. 🙂

so no debt.
 
Right now, none, but I have to start doing loans instead of paying it off at one time.

My ex has about 100K worth of debt but she got her MBA from Duke's Fuqua. She makes at least $150K a year now with a $20K signing bonus at Frito Lay, so it was well worth it for her.
 
Variable FTW!

I have direct subsidized loans of about $23k.

If I take 6 credits every other sememster and my work covers the tuition I only make 2 payments a year, best part is my loans only accrue 2 months of interest. This is assuming that I get the normal 6 months grace period after each loan disbursement.
 
with interest, i'll owe the government 40k

it's not bad seeing as I'll have my BA and MA with a high paying job next yr
 
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