(Closed) How much do you owe in student loan debt?

posted 8 years ago in College
  • poll: How much do you owe in student loan debt??

    0- 20 000

    20 000 - 40 000

    40 000 - 60 000

    60 000 - 80 000

    80 000 - 100 000

    100 000 - 120 000

    120 000 +

  • Post # 47
    Member
    71 posts
    Worker bee
    • Wedding: October 2014

    Both my fiance and I are debt free. I paid my way through undergrad with scholarships and working, my fiance had money his great-grandparents left him and got scholarships. We are both Ph.D students right now and we get a stipend that covers tuition/fees + plenty to live on. With all of the student loan debt right now, we are so lucky we don’t have any!

    Post # 48
    Member
    13906 posts
    Honey Beekeeper
    • Wedding: November 1999

    My undergrad was paid for by my parents.  Fiance had a full-ride scholarship for undergrad.  I picked one of the most expensive grad programs in the country, and he picked one of my most expensive law schools in the country…  So, we’ve got a bit.

    Post # 49
    Member
    3622 posts
    Sugar bee
    • Wedding: September 2012

    I owed less than $12k, and I paid it off. It was my goal to do it before getting married.

    Post # 50
    Member
    3182 posts
    Sugar bee
    • Wedding: May 2012

    I got out of undergrad debt free, and now I’ve got about $55,000 for law school loans.  For law school that’s not that bad though really.  

    Post # 51
    Member
    69 posts
    Worker bee
    • Wedding: September 2012

    @canadian-b33:  I paid mine off at a breakneck pace. In total, I borrowed around $20k for my in-state bachelor’s, but I worked throughout college and graduated with about $15k, which I paid off a year after graduating.

    Post # 52
    Member
    10635 posts
    Sugar Beekeeper
    • Wedding: January 2011

    $0, I wouldn’t have qualified for government loans under the old rules.  I would be charged interest while still a student if I got one privately, so never got one.  DH had loans from both degrees, but he paid it off shortly after finishing his first degree and I paid it off shortly after his second degree – we didn’t want the interest accumulating as we weren’t comfortable with trying to beat the interest by investing.

    Post # 53
    Member
    69 posts
    Worker bee
    • Wedding: January 2012

    So far about 10,000 but I just applied to grad school so it will be more than that soon enough!

    Post # 54
    Member
    294 posts
    Helper bee
    • Wedding: October 2014

    Thankfully, Fiance doesn’t currently have any student loan debt, but he is looking at going to get his MBA after he’s been at his company for a year (they offer tuition reimbursement), so that will be some debt, but discounted by his company, luckily. I am going into my final semester of graduate school, and have had no help with undergrad or graduate, so mine is going to end up over 120K, I believe. I’m currently freaking out because Fiance is talking about trying to buy something and upgrading our living situation–I’ve explained that we’re going to have another huge monthly payment six months after grad school ends, but he seems to think it will be fine.

    Does anyone else feel guilty if they have significantly more debt than their Fiance or DH?

    Post # 55
    Member
    4272 posts
    Honey bee
    • Wedding: April 2012

    Thankfully only $2k.

    Post # 56
    Member
    1036 posts
    Bumble bee
    • Wedding: June 2012

    nothing. thank god. i paid as a went. split the cost with my parents. i have zero debt in life period (: my husband (which i now guess is mine too) has some- new car,house,credit cards. ughhh. glad i wasnt a crazy spender.

    Post # 58
    Member
    2239 posts
    Buzzing bee
    • Wedding: October 2012

    Zero!

    Post # 59
    Member
    5667 posts
    Bee Keeper

    I owe about $8k right now but I’m looking at going back to school and I’m sure it will be astronomical by the time I finish.

    Post # 60
    Member
    370 posts
    Helper bee
    • Wedding: September 2012

    I only owe like $5k, but after I marry Fiance we will both owe a combined total of about $35k yikes

    Post # 61
    Member
    1664 posts
    Bumble bee
    • Wedding: May 2011

    I can never resist a chance to bitch about our law school debt!  We did not take any private loans, but it is still substantial.  We are both on the 30-year repayment plan and our student loan payments are more than our rent each month… and rent is exactly cheap where we live either. 

    Whenever I see advice on TV about paying off most/all your debts before you do xyz, I just have to laugh.

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