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How much student debt did/will you graduate with?

Discussion in 'Social Life, Food & Drink, Travel' started by FidelCashflow, Nov 11, 2007.

  1. VKK3450

    VKK3450 Senior member

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    Primrose Hill, London
    Feel free to PM me with the name of that investment with an 8% return....

    I have an account with LLoyds here in the UK called a monthly saver. I can only put in 250 pounds a month, but I get 8% on it.

    K
     
  2. Financier

    Financier Senior member

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    Mar 17, 2006
    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.
     
  3. DNW

    DNW Senior member

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    Recession, Baby
    $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.

    That's basically free money. I locked in at about 3.25% for $20,000 of my undergrad loan. Too bad I can't get that rate for the $150,000 of my law school loans. The way rates are going right now, I'm looking forward to consolidating my law loans for 5%.
     
  4. WestIndianArchie

    WestIndianArchie Senior member

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    Feb 19, 2008
    6 figures, but law school ain't cheap.
    But law pays well, even if you don't make it into "big law".
     
  5. Nantucket Red

    Nantucket Red Senior member

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    Location:
    Upper East Coast
    ~100,000

    Same here. The fact that I got an Ivy League education might explain the cost.
     

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