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March 2024 Investment Banking
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Leaderboard
1 | redever | 99.2 |
2 | Secyh62 | 99.0 |
3 | Betsy Massar | 99.0 |
4 | BankonBanking | 99.0 |
5 | kanon | 98.9 |
6 | DrApeman | 98.9 |
7 | dosk17 | 98.9 |
8 | CompBanker | 98.9 |
9 | GameTheory | 98.9 |
10 | numi | 98.8 |
Wow really surprised that most people never had to take out student loans. My guess is that its less full scholarships and more a ton of rich kids on WSO who have parents with deep pockets.
Or they are European, like I am and don't have to pay such huge amounts of fees..
My parents were not very rich (we lived in an average condo) but because of their belief in education always saved like mad to make sure that price was never a barrier to education (also the 15K or so every year in grants was helpful from my school...). In all honesty, if I had to worry about student loans right now I would be scared s***less
whats the difference between "never took out student loans" and "paid-in full"?
I think "paid in full" means you took out student loans, but at this point have paid them all off
This poll goes against all student loan statistics.
WSO is the 1%
Or we have a ton of high school students voting :)
$0 (never took out student loans). For me, bachelor+MSc+housing costs floated around 50k euro (over a span of 5 years) and luckily we hadn't had to resort to loans.
About to join the ~$50K club and I'm worried worried worried. =(
Hrm. Rich folks=no debt -> good schools -> good jobs
Seems about right to me.
I dont think i would have taken school very seriously if i didnt take out student loans, no pain point if someone else is paying for it.
I guess IF i was lucky enough to go to a fancy(expensive) school my motivation wouldnt be cost based.
Scholarships paid for 80-85% of my university expenses so I didn't need student loans. I would think there was something wrong with my work ethic if I didn't take school seriously just because it was free. But I guess it depends on what motivates you.
I think it would be interesting to find out of those who did not take out loans for college, what percentage received funding from A) parents B) themselves or C) scholarships.
Although I agree, these numbers seem way off compared to all other polls the media publishes.
I was fortunate enough to have my parents pay my education (albeit only $5k/year on state tuition) so selected debt free for lack of that option. It would be interesting to see how many are debt free AND paying their own tuition. My room mate is currently pulling it off and graduating in 5 years which I find incredible.
privileged asshole here
More like fortunate. Privileged implies I didn't use the opportunities at my disposal to their fullest or that I am ungrateful for the opportunities I have been provided. My parents came from nothing and wanted their children to succeed; having loving parents doesn't make me an asshole.
I am curious though about how many of those that selected debt free, did so on their own as I find it incredibly impressive.
haha, I wasn't talking about you. I was talking about me.... that said, I didn't mess it up... not yet...
$0, Full paid scholarship.
I think its probably a combo of rich parents, smart people who get scholarships, and parents who were frugal enough to save all the money.
GI Bill for me. There are lots of veterans on campus these days who pay nothing as well. This could be throwing off the distribution.
Not to show of or anything but I trade and have made enough money to pay back most of my loans now... No rich parents, no scholarship, but then my fees is not $40,000 a year haha.
Some scholarship, parents paid the rest. Feel extremely lucky to have my parents pay so much, and it made me work hard knowing how much it was costing. Also when your parents are paying they like to call and check up on their "investment". It is really nice being debt free after graduation.