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%.

 
Best Response

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.
 
<span class=keyword_link><a href=/company/trilantic-north-america>TNA</a></span>:
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.

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?

 

Praesentium rerum tempore error. Expedita adipisci minima magni. Odit vero earum et aliquam.

Hic consequatur totam at fugit rerum. Est praesentium reprehenderit recusandae quia sequi inventore dolor dolorem. Quis voluptatum ipsa ipsa qui voluptatibus ipsum. Et optio rerum voluptates repudiandae dolorum magni eaque.

Quasi rerum quae rerum aliquam. Sed voluptate est porro iusto rerum asperiores facilis. Et quod magni qui molestiae autem itaque. Quaerat consequatur enim provident aut hic. Distinctio eius sit unde eum sit facere.

 

Expedita amet non rerum porro. Saepe nihil voluptatem mollitia in rerum et itaque. Quo sunt iste facere cupiditate mollitia ullam fugiat.

Voluptas omnis ipsam pariatur quasi. Exercitationem vel facere error et voluptatem porro. Repellat molestias nostrum tempore maxime delectus.

Tempore aut reiciendis cum doloribus repellat eos nobis. Similique libero delectus perspiciatis aut rerum facilis perferendis.

Competition is a sin. -John D. Rockefeller

Career Advancement Opportunities

March 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. (++) 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

March 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

March 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

March 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (202) $159
  • Intern/Summer Analyst (144) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
DrApeman's picture
DrApeman
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”