How much $tudent loans do you owe?

Starting next month I have to start paying off student loans, like many of us who graduated this year. I owe around $50k, Stafford sub and unsub, perkins and fucked up big time by taking out a Direct Plus Loan 7.9%.

21 Comments
 

I graduated with about ~$50K as well

“There is only one corner of the universe you can be certain of improving, and that's your own self.” --Aldous Huxley
 

had 4k after scholarships and financial aid. paid it off at the six month mark because that's when they started charging interest.

 
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Balance is at 11k right now. Started at 17k after graduation. I raped it pretty hard during the grace period and my life and finances are normalizing after the big move. Now I can contribute a good amount monthly (between $500 and $1000) and I'll be able to pay off the rest with my bonus at FY end.

I can't imagine how some of you 50K+ people feel. Being in debt is truly terrible. You feel like you don't own a single dollar you bring in, have limited flexibility in career decisions (currently hate my location but I'm staying b/c it's secure), and you don't even get to experience the rewards of working your ass off because every dollar earned goes towards your debt (if you spend it elsewhere, you feel guilty).

My kids will (a) have school 100% paid for by me or (b) go to state school.

Nothing short of everything will really do.
 

Student debt sucks, but at least we all are (or most of us) working good jobs. Imagine coming out of UG with $100K in debt and making $35-40K. Friggin' blows.

 
TNAStudent debt sucks, but at least we all are (or most of us) working good jobs. Imagine coming out of UG with $100K in debt and making $35-40K. Friggin' blows.

It really does suck and I am making 40K :(. You had gotten a MSF from Villanova from my understanding that is not cheap, so you prob have a lot left or did it get cut in half because of the fellowship program Nova offers?

 

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