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Student loans

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  • M mindserve

    I just want to get a pulse on student loans. How many of you in the USA have huge student loans and are struggling to pay them? For those of you NOT in the USA, how do you pay for higher education. Well, I should say to anyone who has student debt in the USA and is in trouble there might be help on the way. You can go to forgivestudentloandebt dot com and find the facebook link and join. It might help you or give you some insight if you don't understand the tuition issues students now face.

    L Offline
    L Offline
    Lost User
    wrote on last edited by
    #26

    Borrow money from parents/other relatives. It's the only realistic way to not be permanently screwed.

    realJSOPR 1 Reply Last reply
    0
    • M mindserve

      Private or federal loan? A decade is a long time. Were you told it was good debt? Has it held you back in any way at this point in time.

      A Offline
      A Offline
      AspDotNetDev
      wrote on last edited by
      #27

      mindserve wrote:

      A decade is a long time

      Also, keep in mind that I'm not paying off just student loans. I'm also paying off a car and debt from when I had some health issues (e.g., $3K for a broken tooth). I'd say 1/3 of my debt is from student loans, so split 10 years into 3.

      Somebody in an online forum wrote:

      INTJs never really joke. They make a point. The joke is just a gift wrapper.

      1 Reply Last reply
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      • L Lost User

        Borrow money from parents/other relatives. It's the only realistic way to not be permanently screwed.

        realJSOPR Offline
        realJSOPR Offline
        realJSOP
        wrote on last edited by
        #28

        Yeah - instead, everyone you borrowed money from is permenantly screwed. :)

        ".45 ACP - because shooting twice is just silly" - JSOP, 2010
        -----
        You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
        -----
        "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass." - Dale Earnhardt, 1997

        L 1 Reply Last reply
        0
        • realJSOPR realJSOP

          Yeah - instead, everyone you borrowed money from is permenantly screwed. :)

          ".45 ACP - because shooting twice is just silly" - JSOP, 2010
          -----
          You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
          -----
          "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass." - Dale Earnhardt, 1997

          L Offline
          L Offline
          Lost User
          wrote on last edited by
          #29

          Exactly.

          S 1 Reply Last reply
          0
          • L Lost User

            Exactly.

            S Offline
            S Offline
            Single Step Debugger
            wrote on last edited by
            #30

            :laugh: five all the way up

            There is only one Vera Farmiga and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

            1 Reply Last reply
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            • M mindserve

              I just want to get a pulse on student loans. How many of you in the USA have huge student loans and are struggling to pay them? For those of you NOT in the USA, how do you pay for higher education. Well, I should say to anyone who has student debt in the USA and is in trouble there might be help on the way. You can go to forgivestudentloandebt dot com and find the facebook link and join. It might help you or give you some insight if you don't understand the tuition issues students now face.

              K Offline
              K Offline
              Kyudos
              wrote on last edited by
              #31

              I was lucky enough to be educated in the UK before tuition fees, when students got GIVEN money to go to university, and have reliable vacation work at my dad's company. So I escaped with minimal debt. My wife, on the other hand, has a reasonably large student loan debt, which we left in the UK when we emigrated (in the UK you only have to pay back your loan if you live and work in the UK and earn more than (I think) 15000GBP pa).

              1 Reply Last reply
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              • S S Houghtelin

                My advice, don't pick a career where you will end up struggling to repay the loan. All mine are paid off. :-D

                It was broke, so I fixed it.

                G Offline
                G Offline
                gstolarov
                wrote on last edited by
                #32

                My co-worker send his kid to the state college. Tuition+Room > $30,000/yr - so much for reasonably priced public school.

                A S 2 Replies Last reply
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                • N Nish Nishant

                  mindserve wrote:

                  Doctors don't make that kind of money..not new ones anyway.

                  I agree. I guess once they are into their 30s, that's when they start hitting the 200K+ mark. Although, most of them know this will happen and so start spending lavishly early on.

                  Regards, Nish


                  My technology blog: voidnish.wordpress.com You've gotta read this : Using lambdas - C++ vs. C# vs. C++/CX vs. C++/CLI

                  A Offline
                  A Offline
                  Albert Holguin
                  wrote on last edited by
                  #33

                  Well, doctors also get a lot of benefits that people don't know about. For example, I live in a nice place where there's a lot of doctors in my building (there's a hospital near by)... the hospital actually gives them a "housing allowance"! ...and it's pretty high...

                  N 1 Reply Last reply
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                  • G gstolarov

                    My co-worker send his kid to the state college. Tuition+Room > $30,000/yr - so much for reasonably priced public school.

                    A Offline
                    A Offline
                    Albert Holguin
                    wrote on last edited by
                    #34

                    Not all are that high though (will vary A LOT!)... plus if you can get grants and scholarships, it cuts back on the out-of-pocket costs.

                    G 1 Reply Last reply
                    0
                    • E Ennis Ray Lynch Jr

                      I had a job to pay for my schooling in the USA. In-State tuition is really very affordable. Housing is what gets you but we all have to pay that anyway. Yes, yes, I admit, I went to a State College.

                      Need custom software developed? I do custom programming based primarily on MS tools with an emphasis on C# development and consulting. I also do Android Programming as I find it a refreshing break from the MS. "And they, since they Were not the one dead, turned to their affairs" -- Robert Frost

                      A Offline
                      A Offline
                      Albert Holguin
                      wrote on last edited by
                      #35

                      I went to a state college too, tuition was pretty affordable (relatively)... and now I make a very good living... so it certainly didn't lead me to earn any less than someone at MIT (for example).

                      1 Reply Last reply
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                      • G gstolarov

                        My co-worker send his kid to the state college. Tuition+Room > $30,000/yr - so much for reasonably priced public school.

                        S Offline
                        S Offline
                        S Houghtelin
                        wrote on last edited by
                        #36

                        Reasonable is a relative term, compared to an ivy league school it seems more reasonable. No it’s not inexpensive to be sure. I never got to go through a four year program, rather it’s been little by little when I could afford it or when my job helped with the tuition. Each time I went back, I ended up with a promotion or a better position. Slow yes, do I have any regrets, absolutely not! The fact is, it is a neccesary evil, try getting anywhere without any education.

                        It was broke, so I fixed it.

                        A 1 Reply Last reply
                        0
                        • M mindserve

                          I just want to get a pulse on student loans. How many of you in the USA have huge student loans and are struggling to pay them? For those of you NOT in the USA, how do you pay for higher education. Well, I should say to anyone who has student debt in the USA and is in trouble there might be help on the way. You can go to forgivestudentloandebt dot com and find the facebook link and join. It might help you or give you some insight if you don't understand the tuition issues students now face.

                          N Offline
                          N Offline
                          Nemanja Trifunovic
                          wrote on last edited by
                          #37

                          Saved by the hyperinflation.[^]

                          utf8-cpp

                          M 1 Reply Last reply
                          0
                          • A Albert Holguin

                            Not all are that high though (will vary A LOT!)... plus if you can get grants and scholarships, it cuts back on the out-of-pocket costs.

                            G Offline
                            G Offline
                            gstolarov
                            wrote on last edited by
                            #38

                            It is regular UC college (university of CA). And there is very little financial assistance for "middle class", BTW...

                            M A 2 Replies Last reply
                            0
                            • M mindserve

                              I just want to get a pulse on student loans. How many of you in the USA have huge student loans and are struggling to pay them? For those of you NOT in the USA, how do you pay for higher education. Well, I should say to anyone who has student debt in the USA and is in trouble there might be help on the way. You can go to forgivestudentloandebt dot com and find the facebook link and join. It might help you or give you some insight if you don't understand the tuition issues students now face.

                              D Offline
                              D Offline
                              DaveAuld
                              wrote on last edited by
                              #39

                              mindserve wrote:

                              For those of you NOT in the USA, how do you pay for higher education.

                              My work provides educational sponsorship providing it is relevant to your job/career path. I pay for the module upfront, and submit an expense claim once I get the module pass exam letter.

                              Dave Find Me On: Web|Facebook|Twitter|LinkedIn


                              Folding Stats: Team CodeProject

                              1 Reply Last reply
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                              • G gstolarov

                                It is regular UC college (university of CA). And there is very little financial assistance for "middle class", BTW...

                                M Offline
                                M Offline
                                mindserve
                                wrote on last edited by
                                #40

                                Less help coming in the future too.

                                1 Reply Last reply
                                0
                                • N Nemanja Trifunovic

                                  Saved by the hyperinflation.[^]

                                  utf8-cpp

                                  M Offline
                                  M Offline
                                  mindserve
                                  wrote on last edited by
                                  #41

                                  Right, might end up in the USA that way too.

                                  1 Reply Last reply
                                  0
                                  • M mindserve

                                    I just want to get a pulse on student loans. How many of you in the USA have huge student loans and are struggling to pay them? For those of you NOT in the USA, how do you pay for higher education. Well, I should say to anyone who has student debt in the USA and is in trouble there might be help on the way. You can go to forgivestudentloandebt dot com and find the facebook link and join. It might help you or give you some insight if you don't understand the tuition issues students now face.

                                    S Offline
                                    S Offline
                                    Single Step Debugger
                                    wrote on last edited by
                                    #42

                                    I started the university in Bulgaria in the middle 90s. At this time there was no way to pay for your education (excepts you are a foreign student). All high education were fully funded from the state and the only way to get there was to beat the other candidates on the entrance examination and to have a really high score in your high school grades. My chosen specialty “computer science and basic economy” was very popular so to have any chance I had to have the maximum from the high school score plus almost the maximum score in the entrance math test. There were about 200 candidates for every position and the math test was so difficult that most of the high school math teachers wouldn’t be able to solve all the problems in the test. I tried after the high school and I failed miserably. Then I was listed in the army for a year and a half, and after I retired from the army I learned math six months for the test and scored eight from all candidates with almost perfect result on the exam.

                                    There is only one Vera Farmiga and Salma Hayek is her prophet! Advertise here – minimum three posts per day are guaranteed.

                                    1 Reply Last reply
                                    0
                                    • G gstolarov

                                      It is regular UC college (university of CA). And there is very little financial assistance for "middle class", BTW...

                                      A Offline
                                      A Offline
                                      Albert Holguin
                                      wrote on last edited by
                                      #43

                                      gstolarov wrote:

                                      university of CA

                                      Well there's the problem...

                                      1 Reply Last reply
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                                      • S S Houghtelin

                                        Reasonable is a relative term, compared to an ivy league school it seems more reasonable. No it’s not inexpensive to be sure. I never got to go through a four year program, rather it’s been little by little when I could afford it or when my job helped with the tuition. Each time I went back, I ended up with a promotion or a better position. Slow yes, do I have any regrets, absolutely not! The fact is, it is a neccesary evil, try getting anywhere without any education.

                                        It was broke, so I fixed it.

                                        A Offline
                                        A Offline
                                        Albert Holguin
                                        wrote on last edited by
                                        #44

                                        S Houghtelin wrote:

                                        Reasonable is a relative term, compared to an ivy league school it seems more reasonable.

                                        That's true... MIT charges about $21K per semester...

                                        S 1 Reply Last reply
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                                        • A Albert Holguin

                                          S Houghtelin wrote:

                                          Reasonable is a relative term, compared to an ivy league school it seems more reasonable.

                                          That's true... MIT charges about $21K per semester...

                                          S Offline
                                          S Offline
                                          S Houghtelin
                                          wrote on last edited by
                                          #45

                                          We have a couple of MIT grads where I work, they also get paid a great deal more than I, they can afford to repay their loans. :laugh:

                                          It was broke, so I fixed it.

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