How much college debt did you graduate with ?
Asked by
college (
6)
April 13th, 2008
PS. if you are answer is zero, don’t say it because its going to make me feel bad.
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17 Answers
My debt will be somewhere near 100k when I’m finished.
@peedub: just for your undergrad degree ? also how did you get so much loan ?
I don’t know how much I’ll owe yet, but I’m not looking forward to finding out. =\
No, much of that is towards a J.D. It’s fairly easy to get education loans from the government. See a financial aid officer at your prospective school.
Under 5K.
I went to a community college for the first two years and had about $2,000 in loans from that. I got Financial Aid and did work study. At the University I also got Financial Aid but I didn’t do work study.
I was over 24 when I started going full-time so I didn’t have to report my parents income to financial aid.
Luckily it is all paid off now. I didn’t have any financial assistance from my family while I was in school.
@qd kimble, glial and russellsouza: what kind of loans did you guys get ?
Let’s just say it’s my ‘second mortgage’.
Have you thought about applying for merit scholarships? In addition to any that your school offers, many organizations and companies also offer them.
Here’s a good link about merit scholarships: http://www.finaid.org/scholarships/winning.phtml
Sorry to make you mad but I paid as I went. Worked 7 jobs at one point but I did it! Debt at graduation was $0.
I’m at $40k right now and will be at more than $100k by the time I’m done with undergrad. Yippee… I got all my loans through Sallie Mae, although I did apply directly through several banks online, as well.
Wow, I guess I’m on the lucky side. My parents paid a bunch, I worked all through school, and earned some scholarships (meaning I found them, applied, and won them). I left school with $14,000 in loans, and I pay a cool $105 every month.
I worked all of the way through (usually 2–3 part time jobs) – it took me six years, but I came out with no debt.
I owed about $10K when I graduated.
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