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AOX81 07-26-2002 11:46 AM

Student Loans
 
Woo hoo... I only have $5,238.66 left to pay on my student loan!!!!!

Peaches-n-Cream 07-26-2002 12:05 PM

WOW! I didn't even borrow that much. I went to a state school. :D My sister goes to private school and borrows more money in one year than I did in four. :(

AOX81 07-26-2002 12:30 PM

I went to a commuter college and my loan was for only TWO semesters!!

Unfortunately my husband has a greater debt than I do :eek: He went to a private university which cost about FOUR times as much as mine did for ONE semester!!

localsororities, where did you go to school?!?

Peaches-n-Cream 07-26-2002 12:34 PM

Quote:

Originally posted by localsororities
Congrats AOX81! I still have $38,281 left to pay off....
http://www.plauder-smilies.de/eek2.gif Oh my. I guess I'm lucky. I never realized that you could borrow that much money for college.

APhi 07-26-2002 12:36 PM

I've got about $7,500 left to go.

My parents paid the in-state tuition for me for my B.A. Then, my brilliant self decided I needed to do a technical school program. This time I was on my own... So I've been introduced to the wonderfull world of loans. That's okay though. There's lots of us in the same boat.

amycat412 07-26-2002 01:29 PM

how depressing.
I've been out of school for 11 years and I still owe:

$27,000!

:(

Eirene_DGP 07-26-2002 02:00 PM

I owe about $18,000 so far (this is my senior year), but I am going to teach in a critical needs area when I graduate so I don't have to pay them back. :D If anyone is even remotely interested in teaching, that is a wonderful option so you can start out almost debt free.

AOX81 07-26-2002 02:03 PM

Quote:

Originally posted by amycat412
how depressing.
I've been out of school for 11 years and I still owe:

$27,000!

:(

Good Lord girl...I'm afraid to ask what the beginning balance was! :eek:

amycat412 07-26-2002 02:08 PM

Quote:

Originally posted by AOX81

Good Lord girl...I'm afraid to ask what the beginning balance was! :eek:


Beginning balance was about $45K. Which I don't consider too bad, when all totalled, my years at USC cost about $120K

Steeltrap, where are you? You can back me up on this, I know you can! :)

Peaches-n-Cream 07-26-2002 02:12 PM

Quote:

Originally posted by amycat412



Beginning balance was about $45K. Which I don't consider too bad, when all totalled, my years at USC cost about $120K

Steeltrap, where are you? You can back me up on this, I know you can! :)

Is that just undergrad? Tell me that included grad school. I am shocked at these numbers.

amycat412 07-26-2002 02:22 PM

Just undergrad for 4 1/2 years.

Cloud9 07-26-2002 02:32 PM

Get this: A friend of mine who TRANSFERRED to NYU, and was only there for 3 years, now owes close to 100,000 in loans!!!!! Now that's craziness right there!:eek:

Peaches-n-Cream 07-26-2002 02:45 PM

My sister goes to NYU as a transfer. I'm afraid that she will spend the next decade paying off student loans.

Honeykiss1974 07-26-2002 04:16 PM

I have student loans too (undergrad and grad) :(
Mine are...ummm let's just say that I attended undergrad OUT-OF STATE which is what was the most expensive for me! :(

Honeykiss1974 07-26-2002 04:17 PM

I have student loans too (undergrad and grad) :(
Mine are...ummm let's just say that I attended undergrad OUT-OF STATE which is what was the most expensive for me! :(

This is why I truly believe that higher education should be FREE!!

gphi2k2 07-26-2002 04:56 PM

Just like someone else said earlier, I didn't have any loans from undergrad. I was lucky. But 25 year old me has decided to go back to school so I can actually do something with my life and now I'm on my own to do it. I have a 7800 dollar provincial loan and a 10k line of credit from the bank. so basically 20k for one year. i'll graduate with 40k in debt. and i was stressed about it. You all made me feel SO much better about it. Going to college and university here (in Canada) is WAY more affordable. There is no undergrad program that will cost you more than 5k a year. And when I went, it was only 3500 dollars.

I can't imagine how people are ever expected to pay back such unbelievable amounts of money :eek:

Eirene_DGP 07-26-2002 05:04 PM

Quote:

Originally posted by gphi2k2
i'll graduate with 40k in debt. and i was stressed about it. You all made me feel SO much better about it. Going to college and university here (in Canada) is WAY more affordable. There is no undergrad program that will cost you more than 5k a year. And when I went, it was only 3500 dollars.

I can't imagine how people are ever expected to pay back such unbelievable amounts of money :eek:

I know a lot of people who won't take out student loans for the simple fact that they will graduate with debt over their heads. My advice to anyone is to take the loans and stay in school because your opportunities with an education are endless.

winnieb 07-27-2002 12:04 AM

I just got my balance $58,000---that is for undergrad and grad school--at a private university!!!
Some days I sit at work--look at the BS I am doing--and think "I went to college and grad school--all I got was BS at work and a butt load of student loans!!!"

juniorgrrl 07-27-2002 12:26 AM

I have about $1200 of loans from one semester at a private college.

Thanks to TOPS, the other 3.5 years of my education were paid for by the state. AND I got a $400 stipend for books each semester.

If I can keep up my full ride for Law School, I'll graduate with about $24,000 in loans from that, at most. Not to shabby, when I consider how poor my family and I would be had I stayed at Tulane.

Thank youl, Louisiana :D

straightBOS 07-27-2002 03:07 AM

Quote:

Originally posted by Eirene_DGP
I owe about $18,000 so far (this is my senior year), but I am going to teach in a critical needs area when I graduate so I don't have to pay them back. :D If anyone is even remotely interested in teaching, that is a wonderful option so you can start out almost debt free.
Word?

oh, wait, I just remembered I don't like kids... alas...:(

APhi 07-27-2002 03:42 AM

Quote:

Originally posted by KDatUTC


I wonder what my final balance would be if I had decided to actually go to Vanderbilt?

Yeah, I have a cousin at Vanderbilt. Her parents are well off but not THAT well off. Shudder to think what it's like to graduate with that much debt over your head!!!

SATX*APhi 07-27-2002 03:44 AM

Ahhh, i keep rackin up student loans!!!!!!

cougar15 07-27-2002 11:22 AM

Quote:

Originally posted by Eirene_DGP
I owe about $18,000 so far (this is my senior year), but I am going to teach in a critical needs area when I graduate so I don't have to pay them back. :D If anyone is even remotely interested in teaching, that is a wonderful option so you can start out almost debt free.

I am also considering going this route since I have a big tab already with 2 more years to go, plus I am realizing that I really have an interest in teaching for a few years before going to grad school.

GreekLetterGirl 07-27-2002 12:23 PM

LOANS BOOO!!!
 
I totally understand how everyone feels. This will be my fourth year in college, third year at an in state school, and I just keep thinking thank god I moved back home. I have been blessed that my parents/grandparents were for the most part helping me with my education, but since my younger sister is going away, I am taking out loans to finance my last year. It is soooo scary, but just another step on the way to growing up. I will probably have 15k or so this year and than grad school loans if I do go that route. Thanks Higher Education for making it so possible for everyone.

AOX81 09-18-2002 03:19 PM

I feel like I'm not making a dent in my loan at all :(


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