Post # 1
Just wondering how much everyone owes in student loan debt? I did an undergraduate and masters degree.. just graduated and owe 80K!! Gross!
My Fiance and I will be making about 150 combined starting out so the debt should still be manageable… but it is still very very discouraging!
Post # 3
Zero dollars! Both my Fiance and I were grateful enough to have our parents pay for our schooling!
Post # 4
at the moment it is at $28k but will go to about triple that when i do my graduate diploma and masters
Post # 5
I only have loans for my masters, totalling about $32K. Such a ripoff – 2 years of grad school cost more than 4 years of my undergrad.
Post # 6
It’s a little over 40…ick…i don’t like to think about. Especially since I am not currently using either degree. Go me for picking two degrees that have a very hard market to get into. But at least I pay what I can.
Post # 7
I only have about 15K, but fi will have between 60K after he finishes business school. Luckily, his pay will increase a lot, so hopefully we can pay them all down quickly – our goal is to be student loan free within 3 years of him starting his new job.
Post # 8
I voted just for myself. I started off with 80k in student loan debt (so that is what I voted for), but I currently have about 70k. My husband started with about 40K and I think he is down to around 30K.
It is…… oppressive. lol. I mean I do feel like we did as well as we could have. My husband had almost no help getting through school and he went year round and worked to come in as low as he did. I had some help through undergrad but then I went to law school. I worked as much as I could, chose state schools, and lived cheap, but yea… law school blows for finances.
Our current payments are about 1100/mo combined, which sucks, but we’ll have most of the debt paid off in 10 years from graduation (2018 cannot come fast enough haha). It does really suck though because I often fantasize about what I could do with that extra almost-mortgage-payment amount EVERY month. Sigh. Such is life 🙂
Post # 9
boyfriend has no student loan debt either.
ETA: we were both VERY fortunate and blessed to have parents who were able and willing to help fund our education. DBF went to community college first and then to university and lived at home to keep the cost down. I had a partial scholarship for all 4 years and moved home my senior year to keep costs down more then.
Post # 10
- Wedding: June 2014 - Ontario, Canada ♥ EDD- April 2016
My Fiance doesn’t have any debt and I have $10,000 in student loans. I’m going into my fourth year though so I won’t have to start paying it off for another year (:
My parents are paying almost all of my tuition, I appreciate it so much! I used my student loans for things like books and groceries and one year of tuition.
Post # 11
I owe around 15k. I went to school for 3 years and got my bachelors. I did not want an extra year of loans. Fiance is around the same I imagine, maybe a little less. He’s been paying his about 2 years longer than I have.
Post # 12
@canadian-b33: Yikes. Stick to a payment plan… pay more than minimums.. and you will be fine. I ended up with a little bit of debt (under 10K) and I paid it off in a couple of years after graduating. I expected I’d be making more than I was when I first graduated, but had a reality check when I hit the ‘real world’.
Post # 13
I am jealous of those of you without any debt! That must be a wonderful feeling. Good for you guys!
@CorgiTales – that’s great that you’ve managed to pay down 20 K between you already! I feel similar to you in that I don’t think i could have done much better. I did go on occasional trips though university, but if I had not, that would have been 7 years of my life without any fun. I don’t regret the lifestyle I had and I definitely didn’t blow money carelessly…but I did feel that I deserved to treat myself once in a while. My masters degree cost me 30 K a year so I am lucky that I don’t have even more debt. My parents have helped a lot and I am very thankful for that. I have to start making payments in a few months and I think they will be close to 1000… just think about how great it will feel when the loans are all paid off and we have good paying jobs! It will all seem worth it then I hope!
Post # 15
After college, I owed about $20k, then added another $12k in grad school. Right now it’s down to about $16k, so basically I have half of my total debt paid off.
I was fortunate enough to get a good chunk of my undergrad covered by scholarships/ grants/ student work…but I also worked off-campus 30 hours a week and have been paying extra as much as possible ever since graduation.
Post # 16
He has about 9K left from college and I have about 4K. He had a lot more than that, but that loan is the only one left and it is extremely low interest. Once I get my job we’ll kill our college debt.