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re: How much student loan debt do you owe?

Posted on 2/20/17 at 10:07 pm to
Posted by tylerlsu2008
Zurich
Member since Jul 2015
1099 posts
Posted on 2/20/17 at 10:07 pm to
~$150k
Posted by Pico de Gallo
Member since Aug 2016
1894 posts
Posted on 2/20/17 at 10:22 pm to
0
Posted by GoHoGsGo06
Member since Nov 2006
5739 posts
Posted on 2/20/17 at 10:39 pm to
Wife and I owed roughly ~$60k total. Down to about $8k now; will be done by next month (bonus season). Will be glad to be done. Investment was worth it; by the way.
Posted by ithad2bme
Houston transplant from B.R.
Member since Sep 2008
3468 posts
Posted on 2/20/17 at 10:41 pm to
0, and paid off the wife's
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 2/20/17 at 11:19 pm to
~50k but the balance will be forgiven after 8 more years of government work
Posted by Carson123987
Middle Court at the Rec
Member since Jul 2011
66419 posts
Posted on 2/20/17 at 11:21 pm to
0
Posted by llfshoals
Member since Nov 2010
15421 posts
Posted on 2/20/17 at 11:50 pm to
One had about 10k.

The other will be about double that when they graduate next year.

I make mine pay for their last year. Paying off the loan is a good incentive to go to work
Posted by moock blackjack
Member since Apr 2008
96191 posts
Posted on 2/21/17 at 12:44 am to
Goose Egg
Posted by Vino24
Baton Rouge, Louisiana
Member since Mar 2016
1596 posts
Posted on 2/21/17 at 12:47 am to
61.5 K
Posted by Slippy
Across the rivah
Member since Aug 2005
6580 posts
Posted on 2/21/17 at 6:22 am to
Zero. My parents cared about me.
Posted by LanierSpots
Sarasota, Florida
Member since Sep 2010
61660 posts
Posted on 2/21/17 at 6:31 am to
I was fortunate that my parents paid for my college but my wife went to medical school after we got married back in 1987. She ended up with 125K in school loans that we paid back. Took 20 years but we finally got it done


Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 2/21/17 at 6:34 am to
This is the OT everyone had a scholarship and only took out money for partying. Then they paid it off in full within 5 years.
Posted by YouAre8Up
in a house
Member since Mar 2011
12792 posts
Posted on 2/21/17 at 6:51 am to
0
Posted by leveedogs
Levee
Member since Jan 2016
276 posts
Posted on 2/21/17 at 6:53 am to
quote:

I owed 180. I took out a HELOC and now I can duduct the interest.


We did the same with HELOC to pay off portion of wife's higher interest (6.5%) school debt. The only problem is it shows up on credit score as usecured credit card debt, which makes ratio of used vs. available credit look scary, which hurts credit score.

We have about 140K together but 110K is fixed at 2.3% APR luckily.
Posted by leveedogs
Levee
Member since Jan 2016
276 posts
Posted on 2/21/17 at 6:53 am to
(no message)
This post was edited on 2/21/17 at 6:55 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
14459 posts
Posted on 2/21/17 at 6:57 am to
below 2k . Almost there . Could payoff at any point but the interest rate is like 2% so i will just let it auto deduct for another year.
This post was edited on 2/21/17 at 7:01 am
Posted by FLObserver
Jacksonville
Member since Nov 2005
14459 posts
Posted on 2/21/17 at 7:04 am to
quote:

$0. Thanks to the GI Bill I was paid to go.

If you do Mind me asking how much did the GI bill pay out for college. My GI bill only covered like 15k. I went to school from like 1999 to 2004 .Guess i missed the good GI bill.
Posted by Errerrerrwere
Member since Aug 2015
38274 posts
Posted on 2/21/17 at 7:19 am to
Absolutely $0 when I graduated. Working at Murphy's paid my tuition.
Posted by Boudreaux35
BR
Member since Sep 2007
21474 posts
Posted on 2/21/17 at 7:29 am to
quote:

How much student loan debt do you owe?


Zero! I worked and paid for college. Stop whining about wanting your debts forgiven, too!
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
11555 posts
Posted on 2/21/17 at 7:30 am to
$0.00
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