How much do you owe in student loan debt?

posted 6 years ago in College
  • poll: How much do you owe in student loan debt??
    0- 20 000 : (259 votes)
    48 %
    20 000 - 40 000 : (120 votes)
    22 %
    40 000 - 60 000 : (51 votes)
    9 %
    60 000 - 80 000 : (31 votes)
    6 %
    80 000 - 100 000 : (24 votes)
    4 %
    100 000 - 120 000 : (16 votes)
    3 %
    120 000 + : (40 votes)
    7 %
  • Post # 3
    Member
    194 posts
    Blushing bee
    • Wedding: August 2013

    Zero dollars! Both my Fiance and I were grateful enough to have our parents pay for our schooling!

    Post # 4
    Member
    9648 posts
    Buzzing Beekeeper
    • Wedding: April 2019

    at the moment it is at $28k but will go to about triple that when i do my graduate diploma and masters

    Post # 5
    Member
    2065 posts
    Buzzing bee
    • Wedding: December 2011

    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
    Member
    461 posts
    Helper bee
    • Wedding: July 2013

    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
    Member
    225 posts
    Helper bee

    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
    Member
    11325 posts
    Sugar Beekeeper
    • Wedding: February 2011

    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
    Member
    2116 posts
    Buzzing bee
    • Wedding: October 2013

    none.

    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
    Member
    5371 posts
    Bee Keeper
    • 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
    Member
    5423 posts
    Bee Keeper
    • Wedding: November 2012

    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
    Member
    8042 posts
    Bumble Beekeeper
    • Wedding: December 2013

    @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 # 15
    Member
    807 posts
    Busy bee
    • Wedding: April 2013

    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
    Member
    2981 posts
    Sugar bee
    • Wedding: August 2011

    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.

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