Originally Posted by Steve Smith
I graduated in 1983 with a debt of $0. I did owe the USMC 4 years, though.
Four years of your life is a lot of money. Of course, if you enjoy being a Marine, it's a great deal.
I finished undergrad with no debt, finished business school 10 years later owing about $45,000, despite being supported by my wife, who had a decent job at the time.
$35,000 of that debt was in Stafford loans, which I locked in at 2.875% for 25 years. That's hard to beat. It will probably be the last personal loan I ever pay off.