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In reply to the discussion: Crushed by college debt: Massive loan bills hang over graduates, derail life plans [View all]a la izquierda
(12,281 posts)37. I've graduated into a lucrative field...
but NO ONE is retiring, which means no positions open up. I've got three degrees from good schools, a great dissertation, and a job (for now). But I've got 30 years of student loan payments ahead of me.
Another problem- these loans, even the federal ones, are often sold off and sold off, so it's very hard for some of us to figure out who the hell actually OWNS our loans. I didn't realize that I hadn't consolidate all of my loans because some had been sold off, and I'm not late on a bunch of them. Luckily, my lender is pretty understanding.
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Crushed by college debt: Massive loan bills hang over graduates, derail life plans [View all]
marmar
May 2012
OP
Kids get remarkably conflicting advice and the situation has become a real Catch 22..
Fumesucker
May 2012
#5
It is pretty much up to the students to try to track what their total loan payments
PA Democrat
May 2012
#21
The University of Illinois, a state school is $30k/year. This is NOT private
riderinthestorm
May 2012
#30
Yeah, on my side of the border tuition's gone up by about 50% in the last decade
Posteritatis
May 2012
#26
The banksters have been using debt as a weapon against everyone who's not a 0.1 percenter.
backscatter712
May 2012
#23