Thread: bankruptcy
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Old 11-02-2012, 12:57 AM
aggieAXO aggieAXO is offline
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Quote:
Originally Posted by amanda6035 View Post
I never said they weren't an option. I said people didn't "need" loans to be able to get an education. And my position hasn't changed on that.
There were 123 students in my vet school class and I can count on one hand how many paid for schooling on their own (via their parents or they had previous careers), the rest of us HAD to take out loans-there was no other way. There are not many scholarships offered and no grants. How else would I have done it?? I hated the debt and paid it off as soon as I could (even selling my house-a portion of the profit went towards the loan).

I feel lucky though-I make a good living and feel my debt was a good investment. I do feel sorry for the current students-average debt for vet school has gone up to 150,000-that will be very difficult to pay off. I would not have gone to vet. school if I had been looking at that kind of debt. There is income based repayment now which does help from what I hear. Whether that is fair to the rest of us as taxpayers is another story.
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