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How much student loan debt do you have? - Page 3

Poll Results: How much student loan debt do you have?

  • 49% (117)
    $0 - $10,000
  • 14% (35)
    $10,001 - $20,000
  • 14% (34)
    $20,001 - $40,000
  • 6% (16)
    $40,001 - $60,000
  • 6% (15)
    $60,001 - $80,000
  • 3% (9)
    $80,001 - $100,000
  • 4% (10)
    $100,001 or more
236 Total Votes  
post #41 of 93
Kanga, I took college classes in high school too, and graduated in 2.5 years. Still ended up owing a ton. Expensive university. Big waste of money.
post #42 of 93


I applied to a college just out of high school, and was approved for financial aid which left $6,000 out of pocket I had to pay in order to go to the college. My parents would not get a loan for me in their name and I had no credit, so I could not get a loan. I had a savings account for a year prior, but it wasn't enough to get a loan. So, yeah, I didn't go to college.

I prepaid for a Psychology course in 1993 at PCC because it was all I could afford, even though I was working two jobs and had some savings. I took the class and that was that for a couple years.

In 1996, I signed up for a course in Animal Science through a mail-in school. It took a few months to pay it off (~$1000) and it was paid off by the time I completed the course. I have a certification in Animal Care Sciences from there.

But other than those two small experiences in extended education, I have none. No money = no education.
post #43 of 93
The only financial aid I could get was loans.

I got a scholarship to one school that paid for half the tuition, but I would not have been able to live at home and living expenses would have eaten up that money.
post #44 of 93
No degree and $20-something thousand in debt. Yeah, not too smart. Add in DH's student loans, and it's close to $50k. Live and learn, I guess.
post #45 of 93
It's been paid off for years, but I had 17,000 when I graduated with my BA. I definitely don't think I needed to go into that much debt, especially considering the field I was going into (teaching). If I had it to do over, I would make wiser financial choices.
post #46 of 93
DH is still in school so I did not vote, but I would estimate that when he is done will will have around $30 thousand in loans.
post #47 of 93
DH and i combined went to 7 years of private college. ugh.
post #48 of 93
I have roughly $5K left to pay on mine and I graduated almost 10 years ago....
post #49 of 93
I graduated in 2006 with a 4 yr degree from a state university with just about $15,000. I've just about got it down to 10,000. I really need to start paying double every month...
post #50 of 93
I graduated with zero student loan debt. I lived at home throughout college, went to community college first, and then finished up at the local state college. My mom paid my tuition and I paid for books and parking. I also got my teaching credential, but was lucky to be able to pay for that out-of-pocket. I did put off having kids until I was finished with school though (well, I was pregnant with DS when I completed my student teaching), because I knew that if I had kids I'd have a much harder time going back to school. Working, being pregnant, student teaching all day, and taking classes/doing homework at night was hard enough -- I can't imagine what it would have been like with kids at home.

My DH went to a university away from home for all 5 years of college, but he still managed to graduate with only $5,000 in student loan debt, which has all been paid off for some time. His parents did some not-great things to make that happen though, including remortgaging their home that could have been paid off by now otherwise.

We won't do that for our kids. We're saving for their education, and when the time comes we'll contribute as much as we've saved and they can decide to live at home and graduate with no debt or live at school and work or take out loans.
post #51 of 93
Im not gonna put the number up but I just added a teaching certificate to my list of 'degrees' and this was the most expenisve piece of paper ever. (costs more then 1.5 years at my fancy pants under grad school in 1992)
I will be paying this thing off forever and the kicker is there are no teaching jobs right now...

I have a bachelors and masters degree, fully paid for... why i did this totally overpriced teaching cert. is beyond me... ugh
post #52 of 93
I voted $10-20k, but that's DH's. He went to a specialized school right out of the military & I think he used loans for most of it. Then it got deferred a lot while he slowly went to school years later to get his bachelors. I had right around 10k when I got out, but finally paid it off about a year ago (9 years out). I went to a small private school, and my parents DEFINATELY helped, for which I am enormously thankful, and I also got many grants & scholarships (especially my senior year - my dad was with me when I opened my financial aid information for that year, and he literally had tears in his eyes he was so happy).
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post #53 of 93
I ended up with 20K. But I worked up to three jobs my entire way through school to pay for as much as possible with cash. I completed my degree and am working towards another, but am only paying cash this time around.
post #54 of 93
Me, just over 30K counting interest. Hubby just under 40K counting interest.

And no the degrees havent been worth it. AT ALL.
post #55 of 93
Between 1994 and 2006, I got my BA at a private college and then went on to get two masters degrees at state schools. With the help of a grad assistantship my total loan debt for the three degrees was 30K. I worked hard to get them paid off and had gotten the balance down to 3K before starting my PhD. I am in year 3 of a 4 year program and by the time I am finished my loan balance will be up around 70K. I keep telling myself that I need to have them paid off in 10 years; before our oldest DD heads off to college.
post #56 of 93
None. I have a BA from a not-remotely-swanky university in NZ. I paid my way through by saving up beforehand and working two part-time jobs during. (Movies and an ice cream store, nothing fancy - but my degree was in English and screen and media studies, so working at an arthouse cinema was brilliant.) My sister paid her way through her Masters, and my other sister paid for her year of secretarial/business PA college. None of us have student loans.
post #57 of 93

University was a scholarship. College was paid for by yours truly, but I covered it in a few years, it was that much cheaper and because of the scholarship and working and saving, I just had the cash to burn.
post #58 of 93
Currently, around $20,000. Assuming I start pharmacy school next fall, I am poised to take out ~$150,000, give or take $50,000 (depends on where I get in).

Please, universe, keep demand for pharmacists high.
post #59 of 93


DH and I both attended undergrad and grad school without student loans. We had scholarships, sponsorships, bursaries, jobs, and help from family.

We have often commented that no student loan has helped us immensely in terms of getting our lives organized financially. DH bought a house and a car when he was 24. I didn't bring any assets to our marriage, but I had $10,000 saved and no debt.

Financially, we would not be where we are now if we'd spent the last decade with student loan payments.
post #60 of 93
I have $80,000. DH is now down from $50,000 to about $5,000. He is paying his off. I am paying the minimum for 10 years until it is forgiven. Still, that minimum payment for mine is $800. It is killing us, but I am happy that I did it because it got me the job I love.
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