School debt

Modular

Diamond Member
Jul 1, 2005
5,027
67
91
I'm interested in how much school debt people have coming out of college. It can be any education level, from Undergrad to PHD

Yes, I searched. No, there were no matches.

Edit: If you want, post your degree(s).
 

drum

Diamond Member
Feb 1, 2003
6,810
4
81
middle of the road for me. A sizeable amount but could have been worse without some help from my parents
 

FoBoT

No Lifer
Apr 30, 2001
63,084
14
81
fobot.com
i had about $8K

i didn't pay it off early, i took the whole ten years since the interest rate was always the lowest of all my debts
 

Gunslinger08

Lifer
Nov 18, 2001
13,234
2
81
About $16k. Would have been much less if I hadn't lived so richly while in school. My tuition was paid for by scholarships, but I used student loans for rent, bills, eating, entertainment, etc. I also worked about 15 hours a week, but the pay was bad ($6.50 an hour).
 

Cal166

Diamond Member
May 6, 2000
5,081
8
81
Paid everything while in school because I was working with the same company from HS till the end of my college years.
 

homercles337

Diamond Member
Dec 29, 2004
6,340
3
71
I picked 40-45k for undergrad and grad. Very little from undergrad, and much from grad. Living in berkeley on a $15k/year stipend? I dont think so.
 

bleeb

Lifer
Feb 3, 2000
10,868
0
0
B.S. Applied Mathematics/Computational Sciences minor in Mathematics
M.A.
PhD.
D.M.D.
 

andy04

Senior member
Dec 14, 2006
999
0
71
it was around 14k. About 8k in fees rest just uncontrolled CC spending :beer: :wine: :lips: :gift:
 

radioouman

Diamond Member
Nov 4, 2002
8,632
0
0
$0. Undergrad was paid for by what my Grandparents left me along with working.
Paid cash as I went along for my masters.
 

Danman

Lifer
Nov 9, 1999
13,134
0
0
$2k. I took out a loan my sophomore year which was a mistake since I didn't need it.
 

Tommouse

Senior member
Feb 29, 2004
986
0
0
I'm clocking in around 20k for a BS at a private school. Not too bad if you ask me.
 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,484
8,344
126
I had a pretty modest $14k coming out of a 4 year private college w/ a CS degree. I have about $3,000 left to pay off that should be dead by May.

My wife on the other hand has a staggering $90k. But she's a Pharmacist with a salary that makes the payments pretty bearable.
 

dullard

Elite Member
May 21, 2001
25,707
4,239
126
$8113 total school loans.

BS Chemical Engineering
MS Chemical Engineering - focus on computer modeling of heat transfer
PhD Engineering - focus on chemical engineering and mathematical modelling

I wish now that I got more student loans (since the interest rate is so low). But doing so is in the grey area of the law (you aren't supposed to accept the loans if you don't need them, you aren't supposed to deduct expenses on your taxes if you accepted loans you don't need, etc).
 

yllus

Elite Member & Lifer
Aug 20, 2000
20,577
432
126
$0. But I had to live at home for all of my five years to pull it off. I don't think it was worth the sacrifice.
 

slsmnaz

Diamond Member
Mar 13, 2005
4,016
0
0
$0 debt. In-state tuition plus I got a 25% discount because mom teaches for the state. Pretty easy to pay it off every semester.
 

psydancerqt

Golden Member
Mar 31, 2003
1,110
0
0
if my mom hadnt already paid for half my loan... i'd owe $68,000+ and i'm not done yet. i have 5 more classes to take...i should be done in 2008 sometime.
 

Dirigible

Diamond Member
Apr 26, 2006
5,961
32
91
~$60k for five years of private undergrad + professional grad degree, mostly from grad school. I took four years to pay it off.
 
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