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re: How much student debt do you have currently?

Posted on 11/13/15 at 4:35 am to
Posted by jclem11
Neoliberal Shill
Member since Nov 2011
7796 posts
Posted on 11/13/15 at 4:35 am to
$0.
Posted by double d
Amarillo by morning
Member since Jun 2004
16434 posts
Posted on 11/13/15 at 4:51 am to
I had none and my daughter should finish undergrad with none since her scholarship and daddy covers it. If she goes to med school it's all on her so she'll have a bunch.
Posted by DCtiger1
Panama City Beach
Member since Jul 2009
8780 posts
Posted on 11/13/15 at 5:52 am to
Zero. I worked for the Federal Government for 2 1/2 years after college and they paid all 25000 of my debt off at 839 a month.
Posted by yellowfin
Coastal Bar
Member since May 2006
97654 posts
Posted on 11/13/15 at 5:55 am to
Unfortunately my dad paid for school so I have nothing to forgive
Posted by BestBanker
Member since Nov 2011
17484 posts
Posted on 11/13/15 at 7:25 am to
Same here. My folks were not loaded and paid for my private university experience. Please forgive.
Posted by TexasTiger90
Rocky Mountain High
Member since Jul 2014
3576 posts
Posted on 11/13/15 at 7:35 am to
$120k
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42512 posts
Posted on 11/13/15 at 7:43 am to
90k

9 years. Undergrad. Two advanced degrees. $10k/year.

:notbadgif:
This post was edited on 11/13/15 at 7:43 am
Posted by WeeWee
Member since Aug 2012
40161 posts
Posted on 11/13/15 at 7:44 am to
$108,000 and still going up
Posted by WeeWee
Member since Aug 2012
40161 posts
Posted on 11/13/15 at 7:49 am to
quote:

I will be so mad if this movement to forgive student debt gets seriously considered by Washington DC...



Your girlfriend HRC supports it. LINK
Posted by WeeWee
Member since Aug 2012
40161 posts
Posted on 11/13/15 at 7:53 am to
quote:

What are the current rates?


I had a credit score over 800 and $0 in debt for undergrad and grad school, but thanks to the gubment wanting to support SJW getting liberal fart degrees the lowest rate I could get was 7.2%. The student loan deal that Obama signed a few years back really sticks it to the ones who are getting degrees that will actually help society.
Posted by gatorguru
New Orleans
Member since Aug 2014
333 posts
Posted on 11/13/15 at 7:57 am to
the loans are already being forgiven or cancelled in one way or another.Forgiving all of the loans would be nice but I won't hold my breath.

My situation, I have to make 10 years of payments and then the rest of my loans are eligible for forgiveness.

A lot of people up in arms over the ideas of loans being cancelled out or forgiven always bring up the taxpayer thing.

What about a professional who:
1) took out a student loan
2) got his or her degree
3) has payments that are either too high to make based on income/salary
4) and the debt is so much that even if he/she never misses a payment in life, the loan will never be paid off.
5) Also, the professional is a taxpaying citizen


In that situation, why are others so up in arms over the idea of the debt being cancelled? You say it's stealing from taxpayers...well do we assume that person isn't a taxpayer? just wondering
Posted by LSUfonte
South Texas
Member since Jan 2004
7501 posts
Posted on 11/13/15 at 7:59 am to
$ 0.00 - same now as the day I graduated....
Posted by ladytiger118
Member since Aug 2009
20922 posts
Posted on 11/13/15 at 8:00 am to
$0.00
Posted by WeeWee
Member since Aug 2012
40161 posts
Posted on 11/13/15 at 8:00 am to
quote:

In that situation, why are others so up in arms over the idea of the debt being cancelled? You say it's stealing from taxpayers...well do we assume that person isn't a taxpayer? just wondering


You obviously have not read Clinton or Sander's plans. The government will just pick $1.2trillion in debt without the individual making a single payment.
Posted by yellowfin
Coastal Bar
Member since May 2006
97654 posts
Posted on 11/13/15 at 8:01 am to
It didn't even go by credit score back when I got mine


My parents paid for school but I ended up graduating with about 15k due to funding spring breaks, ski trips, beers, NYC, etc.

I think about $75 get autodrafted from my account every month
Posted by Chicken
Jackassistan
Member since Aug 2003
22029 posts
Posted on 11/13/15 at 8:03 am to
Are you serious?
Posted by WeeWee
Member since Aug 2012
40161 posts
Posted on 11/13/15 at 8:03 am to
quote:

My wife and I started with 90k five years ago. I'll be done with this next year. With the extra payments to get pmi off our mortgage and the extra payments to student loans, the wife will be getting almost 4k more a month in expendable income.


FIFY
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 11/13/15 at 8:05 am to
I am the professional that you describe. You know how I treat my loans? Like it's a mortgage payment for a place in Steamboat that I never visit. Where people really get "into trouble" is living like a pauper for the very important 10 years right after school just to pay back their loans in an expedited way. Screw that. I'd rather just pay them back on schedule and live well.

My loans don't cause me much hardship and without them I wouldn't have the income that I do. Maybe I should've lived poorer during school but I enjoyed my 9 years in Baton Rouge and wouldn't change a thing.
This post was edited on 11/13/15 at 8:07 am
Posted by AU4real35
Member since Jan 2014
16065 posts
Posted on 11/13/15 at 8:06 am to
25k... Parents paid, I partied and dropped out... Went back and had to pay my own way.
Posted by LordSaintly
Member since Dec 2005
38924 posts
Posted on 11/13/15 at 8:08 am to
100K
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