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How much student loan debt do you owe?

Discussion in 'BBS Hangout' started by Ari, Jul 21, 2010.

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  1. Mae

    Mae Member

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    Couple thousand. Not real sure of the actual number....Used to be 5k but tax money paid that loan off from that school.
     
  2. leroy

    leroy Member
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    Mine is down to about $11k. Can't remember how high it was, but I spent nearly 7 years in school.

    No, I'm not a doctor.
     
  3. ElPigto

    ElPigto Member
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    I'm at nearly $15k right now. I'm graduating this fall with no plans for grad school as of now, so I'll be fine.
     
  4. Jontro

    Jontro Member

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    I'm down about 250K by going to DeVry, but who cares I have an awesome career path ahead of me!
     
  5. DieHard Rocket

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    At about $11k now, graduated with about $20k. Just paid off the higher interest portion of my loan, so now at 4.5% and paying the minimum while I go after paying off the car.
     
  6. BigSherv

    BigSherv Member

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    Graduated with about 15K. Paid it all off couple years ago. best feeling on Earth. Parents paid for a large chunk of my schooling.
     
  7. rrj_gamz

    rrj_gamz Member

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    $0

    I went to JC the first couple of years and paid cash money...

    I started getting grants/loans when I went to UofH and paid cash for some...my parents helped what they could, with books, etc...I can't remember what the total was, but it was below $10K for sure...

    My first bonus at Enron paid that bad boy off...I was making too much for me to get any tax benefit for the loans and couldn't deduct the interest, plus I wanted to peace of mind to say I paid it off myself...
     
  8. weslinder

    weslinder Member

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    In my discipline, there were many more grad students than undergrads. There were more graduate TA's, too, but there were plenty of undergrads.
     
  9. EGYPT

    EGYPT Member

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    45K and depressed over it. I will have to wait 25 years before it is all paid. I will be 60 and still paying for my education.
     
  10. rezdawg

    rezdawg Member

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    I hate all of you...
     
  11. DieHard Rocket

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    Why? As long as you got a degree with it and can eventually land a decent salary, start running a debt snowball- pay off all debts one at a time by maximizing payment on the smallest one and paying the minimum on the rest (hopefully you don't have a lot of debt besides the loan). Continuously do this until each debt disappears and then you can put every free dollar toward the loan. Don't finance anything like a car or a house until it's paid off, and don't blow money on anything that isn't a necessity. Every dollar that is not going towards food, utilities, or rent should go to debt.

    It will take you 25 years if you just pay the minimum forever, so don't do it that way.
     
  12. DwangBoy

    DwangBoy Member

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    About $14-15k... on hold right now b/c I went back for Masters.. but no debt for that.
     
  13. dmc89

    dmc89 Member

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    $3k for undergrad, ~$75k for grad (economics), ~$80k for law school, ~$85k for b-school..

    $243k total debt :(

    Will be working my butt off for the next 5 years to repay it.
     
  14. Franchise3

    Franchise3 Member

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    I wanted to get in on this program but haven't been able to find a public sector job yet. If you don't mind me asking, what type of job did you get? I would love to be able to get a public sector job that allows me to move to Texas.
     
  15. rhadamanthus

    rhadamanthus Member

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    Paying 80+k for a degree is lunacy in my book, but at least those degrees are in considerably well-paying fields.
     
  16. ima_drummer2k

    ima_drummer2k Member

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    Wow, what did you do at Enron?
     
  17. 3814

    3814 Member

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    Me - $0
    Wife - $50K
     
  18. Codman

    Codman Member

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    $40,288.00 :eek:

    But, I guess I can deal with having the "Dr." in front of my last name. :)
     
  19. rezdawg

    rezdawg Member

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    How about 200K+ for a dental degree from a private school?

    Out of control.
     
  20. Ari

    Ari Member

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    A not-so-wise friend once told me the key is never taking on more student loan debt than what you would expect your average annual salary to be over the first 5 years of employment. It sounded cool in concept but I have no idea if he was just pulling stuff out of his butt hole or not, which I suspect. Any truth to this? If so, I am in pretty good shape!
     

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