<p>Just wondering - is anyone else close to this number in loans for their Bachelor's from Cornell? I will be graduating with about that much (I had to take our about 20K per year in loans). Will I ever be able to pay it off? I'm kind of worried. I wanted to go to grad school right away, but maybe it makes more sense to find a job with my BS and pay off my student loans first?</p>
<p>Anyone else have a similar amount of loans? Advice?</p>
<p>That is a LOT of debt. A typical student loan repayment period is 10 years . . . if your interest rate is 3%, you’ll be paying appx $770/month. If it is 5%, you’ll be paying appx $850/month. I suspect you actually have higher interest rates on at least some loans.</p>
<p>Given your degree (I have no idea what it is, btw), can you make enough to both live and pay off your loans? I’m not telling you to go to grad school - I’m just suggesting that you sit down and think about what you would need to earn in order to meet all your financial obligations.</p>
<p>You should check this website out.
[IBRinfo</a> :: What are these programs?](<a href=“http://www.ibrinfo.org/what.vp.html]IBRinfo”>http://www.ibrinfo.org/what.vp.html)</p>