(Closed) How much do you have in school loans?

posted 10 years ago in Money
  • poll: How much money do you have in school loans?

    Less than $5,000








    More than $75,000

  • Post # 91
    1508 posts
    Bumble bee
    • Wedding: October 2009

    I had 31,000 in loans for a BA in (Political Science) from a private and an MLIS (Library Science Masters) from a public universtiy. I finshed school in December 1996 and paid off my loans in October 2008. I think it was worth it, although I might have done a few things different like had a roomate in graduate school.

    Post # 92
    583 posts
    Busy bee

    There was no option for 0! I don’t have any, but my husband has about…$9,000ish? After these are paid off, no more debt! We both work in the non-profit industry and don’t make much at all (by choice), so I don’t think the loans are “worth it” because paying them back is such a bummer.

    Post # 93
    2286 posts
    Buzzing bee
    • Wedding: November 2010

    I had about 10K. My parents paid for most of my and my sister’s education and I think they have about 30K debt. My sister just finished repaying her portion to an Ivy league school that was about 30K. Would I do it again? I dunno. I’d probably double major. I have a theater arts degree, and while it’s opened up some interesting opportunities, I can’t eat it.

    As for graduate school, I’m thinking of joining the military reserves, and that would mean the GI Bill.

    Post # 94
    338 posts
    Helper bee
    • Wedding: June 2012

    I have 74k in student loans. That’s 4 years at an in-state, public school for a B.A. and 2 years at an in-state, public school for an M.L.S. (the latter for which I lived at home). My grandparents, as very generous graduation gift from undergrad, gave me 10k to pay off one of my undergrad loans. So the 74k is what’s left after that.  My parents went through a nasty divorce right before I graduated high school, so any contributions they would have made to my education went to their lawyers. 

    At the moment, I don’t feel like it’s worth it, because I still only have a part-time professional position two years after I finished grad school.  Guess I shouldn’t have gone into this line of work! But hopefully the economy will improve and funding for public libraries will be restored somewhat.

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