School debt

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nageov3t

Lifer
Feb 18, 2004
42,808
83
91
$0.

I graduated with 80 grand in debt, but my trustfund kicked in (the trust was setup for after college graduation or 30, whichever happened first, or something along those lines). I used my trustfund to pay off my debts and had just enough left over to put some gas in my car
 

imported_Lothar

Diamond Member
Aug 10, 2006
4,559
1
0
About $8,500/yr for a six year Doctor of Pharmacy(PharmD) program.
I'm in my 5th year now, so total debt after graduation is expected to be about $51,000.
They're all "subsidized" meaning I pay no interest and can take my sweet time repaying them.

I use work, plus the little $2,000 I get in scholarship every year. Mom's also helping out.

Thinking of accepting $28k in "unsubsidized" loans for my final year, and if I do, expected debt would be that $28k plus the $51k above.

As a reference point, some people in my class here will be graduating with ~150k loans from pharmacy school alone (which doesn't include the 3 or 4 years undergrad most of them did with ~30k loans).
 

HomeAppraiser

Platinum Member
Aug 17, 2005
2,562
1
0
It took just under $6,000 in student loans to get my BS, thank you cheap state tuition and plentiful federal financial aid (both of which no longer exist). I also had some scholarship money and did a lot of work/study in my junior & senior years.

Tuition is now three to four times more than when I started college and financial aid is a joke so how are half of you kids graduating with only $0-$5,000 in debt? Are your parents loaded and paying your way or are they the ones taking out a loan like in that evil Chase commercial? ?I want a dorm room too daddy.?
 
Dec 10, 2005
27,283
11,462
136
0, I'm grateful that my parents are currently covering the cost of my higher education (up to a BS, beyond that, I'm most likely on my own).
 

Journer

Banned
Jun 30, 2005
4,355
0
0
when i'm finished with undergrad ill have about 20-30k :/ ....sucks when u cant get ****** for grants cuz ur grades werent good enough and your rents (who dont pay for any school) make too much money to get it from the gov. oh well
 

Dr. Detroit

Diamond Member
Sep 25, 2004
8,377
817
126
0 debt.

I gave 3yrs to the US Army in exchange for the Army College Fund & GI Bill. Roughly $35K over 4yrs of schooling.



 

boredhokie

Senior member
May 7, 2005
625
0
0
0 debt - worked 3 jobs and whored myself out for scholarships. Feels sweet now being able to keep all my income.
 
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