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Inspired

(3,958 posts)

11. My daughter is on a 25 year payment plan.

Sun Nov 3, 2013, 12:42 PM

Nov 2013

Which sucks. Her degree is in early elementary education which means her income potential is pretty low. She could get a low income deferment but I think it is more important to try to get this paid off by having lower payments now and putting in extra when she can.

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Student Loan Debt... [View all] Agschmid Nov 2013 OP

Never had student debt PasadenaTrudy Nov 2013 #1

I was extremely lucky gopiscrap Nov 2013 #2

nice concerning the debt beachbum bob Nov 2013 #4

yeah, but it could have been so much worse gopiscrap Nov 2013 #5

Same here... KansDem Nov 2013 #10

I agree with you gopiscrap Nov 2013 #16

At the next DU meetup, I'll buy you a beer... KansDem Nov 2013 #22

sounds cool gopiscrap Nov 2013 #25

Kansas City KansDem Nov 2013 #28

I went to college in my late 30's and incurred around beachbum bob Nov 2013 #3

Question... Agschmid Nov 2013 #7

the field i was i had worked in beachbum bob Nov 2013 #19

Makes a big difference then huh? Agschmid Nov 2013 #23

yep it does. beachbum bob Nov 2013 #26

Being self-righteous doesn't win you friends duffyduff Nov 2013 #9

Easy loans Inspired Nov 2013 #13

Doesn't explain the situation for non-traditional students who have debt duffyduff Nov 2013 #17

People have to be ruthlessly realistic when it comes to student debt. Igel Nov 2013 #36

I think I was too sheltered... Agschmid Nov 2013 #45

tough to watch beachbum bob Nov 2013 #24

I teach college, and while I believe tuition rates, textbook costs, and tblue37 Nov 2013 #29

Thanks for the thoughtful response. Agschmid Nov 2013 #37

I have a friend who is in a low earning career. IdaBriggs Nov 2013 #40

I'm in graduate school. Vashta Nerada Nov 2013 #6

It took me pretty much 10 years sharp_stick Nov 2013 #8

My daughter is on a 25 year payment plan. Inspired Nov 2013 #11

Elementary Ed is a VERY bad major because of the glut of people in it duffyduff Nov 2013 #15

Other. 10+ years, never had student debt. trackfan Nov 2013 #12

Back when I graduated from college (1968) Blue_In_AK Nov 2013 #14

It's like another world now! Agschmid Nov 2013 #18

to true but this is beachbum bob Nov 2013 #21

I know. Blue_In_AK Nov 2013 #41

Which is how it ought to be treestar Nov 2013 #58

I was lucky Aerows Nov 2013 #20

My husband paid my way through college in the mid-'90's and it was ... Tikki Nov 2013 #27

I had tons of part time and temp jobs when I was first out of school shenmue Nov 2013 #30

Good job! I am close to done... Agschmid Nov 2013 #31

My wife's situation is Broken_Hero Nov 2013 #32

My dad paid for my college. Union plumber. n-t Logical Nov 2013 #33

I'm 68 years old. There were no student loans when I went to college. MineralMan Nov 2013 #34

I'm still working on the last bits of a bachelor's degree, and paying off loans bhikkhu Nov 2013 #35

I'll be paying this off forever. a la izquierda Nov 2013 #38

Hang in there kiddo. You're paying it forward as much as back. nolabear Nov 2013 #43

I know... a la izquierda Nov 2013 #51

the bad news is.... mike_c Nov 2013 #44

This is a little off topic, but... Vashta Nerada Nov 2013 #47

I had to take out some... a la izquierda Nov 2013 #48

Ouch. Vashta Nerada Nov 2013 #49

I was kidding about the marriage part. a la izquierda Nov 2013 #50

Other. laundry_queen Nov 2013 #39

Paid as I went. But I went mostly as a working adult. nolabear Nov 2013 #42

I had to pay back the VA $900 because of their overpayments to me. Tierra_y_Libertad Nov 2013 #46

My dad was a Marine (wwii, korea, and vietnam); mom became a real estate agent peacebird Nov 2013 #52

I had a small loan Turbineguy Nov 2013 #53

Mostly grants for me, some loan. roamer65 Nov 2013 #54

Still paying... CFLDem Nov 2013 #55

only took out loans the last 2 years of my doctorate.... drthais Nov 2013 #56

I had 20K of debt treestar Nov 2013 #57

you are correct. kids are taken advantages advantage beachbum bob Nov 2013 #59

For my first degree, a BA awarded in 1980, phylny Nov 2013 #60

Other: More than 10 years out of school, never had any debt. MadrasT Nov 2013 #61

max debt allowed was only 9500 when i went to school in the 80s Liberal_in_LA Nov 2013 #62