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How much in student loan do you owe?

Discussion in 'General Chat' started by DNW, Oct 15, 2008.

  1. surrender

    surrender Senior Member

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    Graduated with 11K, have about 8,300 left now. That's bound to go up when I return to grad school next year!
     


  2. Viktri

    Viktri Distinguished Member

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    Where's the option for $0?

    I had scholarships for my undergrad and will be putting myself through grad school while I work full time.


    1+ although my scholarships didn't cover everything and I worked part-time.
     


  3. danyllau

    danyllau Senior Member

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    the figure of $50k is too high to start.

    I had about $15k in loans when I graduated, down to about 1k now.

    Law school/MBA/Med schools are the real asskickers. Expect to have $100k-200k in loans when you graduate


    +1 lol.

    I would think for most program, that < $50,000 option almost include everyone.
     


  4. RedLantern

    RedLantern Distinguished Member

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    24K from undergrad. Looking at 110ish for law school. Yuck.
     


  5. HEWSINATOR

    HEWSINATOR Distinguished Member

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    Some high numbers in here.
     


  6. stamp0102

    stamp0102 Senior Member

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    $0 from undergrad (thanks to my parents).

    $0 from my MBA program, so far, but $11k out of pocket already. Another $35k or so to go. On the plus side, my new job will be paying $5250/yr. going forward though. So I am sure I will have maybe $5-$10k when all said and done.
     


  7. dirk diggler

    dirk diggler Distinguished Member

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    came out of law school with a total of about $115k about 12 years ago. Private loan almost done (lesst than $4k to go) and the other loans (about $62k) are at 3% so I refuse to pay them off early (making more in a money market). I just want to make sure my kids don't have to do this.
     


  8. callen

    callen Well-Known Member

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    a lot, fortunately I have a good job (for now) and low expenses.

    This economy is making going back to school and taking on a lot of debt a risky proposition. I am glad I got the MBA, but the debt I have is scary.
     


  9. Huntsman

    Huntsman Distinguished Member

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    $60k undergrad, from 4-10%. Am paying the principle down at $1k/month.
     


  10. rjmaiorano

    rjmaiorano Distinguished Member

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    the figure of $50k is too high to start.

    I had about $15k in loans when I graduated, down to about 1k now.

    Law school/MBA/Med schools are the real asskickers. Expect to have $100k-200k in loans when you graduate



    Its things like this that make feel that Grad school is moot for me.

    I feel that a BA, no debt, and a good head atop me shoulders is better than debt and an MBA...
     


  11. Kai

    Kai Distinguished Member

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    I had about $6,000 total for undergrad and about $45,000 for law school. It was all paid off completely within 2 years of law school graduation.
     


  12. dusty

    dusty Distinguished Member

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    Between 10 and 20 for undergrad, none for grad school.
     


  13. DNW

    DNW Stylish Dinosaur

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    Recession, Baby
    For law school, particularly, prices have increased pretty rapidly over the past few years. Now, it's not uncommon to see $40k/yr just for tuition. Add on living expenses and you can't spend less than $50-$55k/year. No wonder why the recent graduating classes have been demanding so much money.
     


  14. coopster

    coopster Senior Member

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    Thank goodness for my right arm. It pitched me into (and kept me in) college for free.

    200k for an MBA? It takes 2 years. Not likely unless you take the 6 year plan.

    Actually I guess if you factor in the lost wages of going to school full-time for 2 years 200k becomes a lot more feasible.
     


  15. Connemara

    Connemara [URL='http://www.youtube.com/watch?v=6jST2Sv63WQ']

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    These ridiculous costs are the main reasons I refuse to go directly to grad. school after undergrad.
     


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