around 27K - grad school loan
How much is your student loan debt/debt in general? :sadcam:
- Thread starter labrokejames
- Start date
My buddy is well over 100k 
Sucks (understatement).
Yeah, thats really good for law school. I was really considering law school and still am a bit, but average debt out of law school is around 100k. Sounds like too much of a gamble for me. Id have to ace the shyt out of the LSAT to have a shot at something decent..so its worth it for me to take the LSAT but Im not going into law school right after, would rather wait till i have more funds or find a job with tuition reimbursement (same goes for if i went grad school).
I also just got EU citizenship so I may consider schooling over there instead.
Sucks (understatement).Yeah, thats really good for law school. I was really considering law school and still am a bit, but average debt out of law school is around 100k. Sounds like too much of a gamble for me. Id have to ace the shyt out of the LSAT to have a shot at something decent..so its worth it for me to take the LSAT but Im not going into law school right after, would rather wait till i have more funds or find a job with tuition reimbursement (same goes for if i went grad school).
I also just got EU citizenship so I may consider schooling over there instead.
Techniec
Drugs and Kalashnikovs
My buddy is well over 100k
Yeah, thats really good for law school. I was really considering law school and still am a bit, but average debt out of law school is around 100k. Sounds like too much of a gamble for me. Id have to ace the shyt out of the LSAT to have a shot at something decent..so its worth it for me to take the LSAT but Im not going into law school right after, would rather wait till i have more funds or find a job with tuition reimbursement (same goes for if i went grad school).
I also just got EU citizenship so I may consider schooling over there instead.
yeah the tuition can really differ...i know in the states, top schools charge like 40 a year...here in canada, the best of the best will charge ya like 25 a year
and tuition reimbursement for law is real tricky, i dont even know if a company would do it
superunknown23
Superstar
I worked, got some fed student aid (don't ask how) and graduated with $0.00 debt (aerospace engineering).
Then I heard that my school increased tuition 20 percent the following year
Then I heard that my school increased tuition 20 percent the following year
storyteller
Veteran
Just under 70k, I went to Grad School and wound up getting a better career option close to finishing...so I added a big chunk of debt that really wasn't necessary in the end, but that curveball will help kill the debt faster too.
I think about 80K and I can only pay off like 2 of the loans( one is only 2K in total that I pay every 3 months), one is a big one and I've deferred for months that interest rate is gonna be killer 
Something kinda random: As an Italian citizen, I can get free tuition in Sweden.
Not sure if it goes to the grad or law school level yet though. If it does, 
.
Put me in the over 100K club too. 
I'm on IBR, and I only pay the bare minimum. I'm waiting it out the 30 years. fukk em. Unless I'm making 6 figures I'm not even gonna think about trying to pay this off before the 30 year cutoff.
I'm on IBR, and I only pay the bare minimum. I'm waiting it out the 30 years. fukk em. Unless I'm making 6 figures I'm not even gonna think about trying to pay this off before the 30 year cutoff.
why do they make education so expensive
Techniec
Drugs and Kalashnikovs
It's a business. All they care about is making money
Depreciating Asset
Please pawg responsibly
I think paying the minimum or paying more is basically a question of comparing the interest rate on your student loans to the rate you can achieve through investment. If your student loans have a 2% APR then it's wise to only pay the minimum and invest your remaining funds to achieve a higher rate elsewhere. But if your loans are 8.5% or higher like mine, then you best pay off them shyts as soon as you can.Im more of the optimistic typelets just agree to disagree
So I think the question is what's the interest rate on your loans?
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When I graduated (2008) it was like 16k...right now I still owe like 11-12k.
Should've paid it off a long time ago but my cheap ass only pays $100/mo.
im at 18k...that's the thing with accrued interest. Right now I'm at like 90 a month in interest, so if I paid $100, only $10 would come off of the debt..
i guess you can wait 25 years for it to fall off