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In reply to the discussion: Debt bondage [View all]

aikoaiko

(34,214 posts)
22. At my university (public and in the south)...
Mon Dec 24, 2018, 01:46 AM
Dec 2018

...a math professor would need 20+ years of merit raise to hit $106K and probably have to teach in the summer, too.

But yes, that is decent to live on with decent benefits and more job security than most people have.

New faculty are coming into Asst Professor jobs with more debt and salaries have not gone up a whole lot since I was hired.

There is a lot of freshly minted PhDs every year for fewer tenure-track positions.

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Debt bondage [View all] discntnt_irny_srcsm Dec 2018 OP
Of the student loans my children had taken out, all* are state managed--NOT ONE PRIVATE LENDER. TheBlackAdder Dec 2018 #1
The FEDLoan system is 2naSalit Dec 2018 #2
The FedLoans my kids have are managed by FedLoan Servicing. Don't get loans w/outside lenders. TheBlackAdder Dec 2018 #3
It was what I had 2naSalit Dec 2018 #4
There are a couple of issues here. TheBlackAdder Dec 2018 #5
Thank you for sharing this. PoindexterOglethorpe Dec 2018 #7
This is the best way to do it discntnt_irny_srcsm Dec 2018 #9
None. We live in an mid-upperclass area and are in the middle of income ranges here. TheBlackAdder Dec 2018 #10
I'm sure you are extremely proud of your oldest and all of them really discntnt_irny_srcsm Dec 2018 #18
Thanks. I tried top do right, but this was all her idea. She didn't want to be saddled with debt. TheBlackAdder Dec 2018 #20
Student loans were a life changer for me MichMan Dec 2018 #6
I hear you discntnt_irny_srcsm Dec 2018 #8
The easy availability of loans is precisely why college is so expensive MichMan Dec 2018 #12
Debt-free, tuition-free college would be a good thing. Wish a politician would support it... TSheehan Dec 2018 #11
I consider myself lucky with loans and repayment, but I think the system needs to change aikoaiko Dec 2018 #13
The internet tells me... discntnt_irny_srcsm Dec 2018 #15
At my university (public and in the south)... aikoaiko Dec 2018 #22
Elizabeth Warren porposed a smaller interest charge for federal student loans KWR65 Dec 2018 #14
I'm in favor of cap on student loan interest discntnt_irny_srcsm Dec 2018 #16
That is unrealistic. I favor a 1% rate for federal loans. KWR65 Dec 2018 #17
I'm not saying the lender shouldn't get any interest... discntnt_irny_srcsm Dec 2018 #19
K&R smirkymonkey Dec 2018 #21
There have been (and still are) too many student loans customerserviceguy Dec 2018 #23
A really smart fellow said, "Everything that is really great and inspiring... discntnt_irny_srcsm Dec 2018 #24
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