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SVTPerformance's Chain of Restaurants
Road Side Pub
Student Loans: Who's got em, and who thinks its a bubble
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<blockquote data-quote="sleek98" data-source="post: 16074828" data-attributes="member: 144145"><p>I have a masters, I was very fortunate that my parents paid my undergrad. It was to a smaller school that was instate. Cost about 4-5k a semester and I lived at home. </p><p></p><p>I paid cash for my masters as I went. Took me 4 years to get it while I was working full time. </p><p></p><p>My wife screwed around at a state school for a year, went to community college for a couple years then transferred to a private nursing school. She paid for some as she went, got ALOT or scholarships at the private school and still ended up with 21k in loans. We ended up paying her loans off in 15 months I think. We lived in a shitty duplex and threw literally every dollar at it until it was gone. </p><p></p><p>The problem I see is people think it’s normal to just keep paying the minimum or using the income based plan until they die. Our old neighbors both were teachers with 200ish college hours each. From conversations they both have over 100k each. Both said they will die with the loans.</p></blockquote><p></p>
[QUOTE="sleek98, post: 16074828, member: 144145"] I have a masters, I was very fortunate that my parents paid my undergrad. It was to a smaller school that was instate. Cost about 4-5k a semester and I lived at home. I paid cash for my masters as I went. Took me 4 years to get it while I was working full time. My wife screwed around at a state school for a year, went to community college for a couple years then transferred to a private nursing school. She paid for some as she went, got ALOT or scholarships at the private school and still ended up with 21k in loans. We ended up paying her loans off in 15 months I think. We lived in a shitty duplex and threw literally every dollar at it until it was gone. The problem I see is people think it’s normal to just keep paying the minimum or using the income based plan until they die. Our old neighbors both were teachers with 200ish college hours each. From conversations they both have over 100k each. Both said they will die with the loans. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Student Loans: Who's got em, and who thinks its a bubble
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