<p>I read online that this woman has been paying off her master's degree debt for 10 years now (and stil isn't done). </p>
<p>How much debt are you in and how long will you be paying it off?</p>
<p>Wow. That’s so crazy. I thank God that I have a full ride scholarship, so obviously I will be graduating debt free. </p>
<p>It is scary to know that it is possible to be that deep in debt.</p>
<p>Yeah that’s nuts. I wouldn’t take that much debt for a degree. I’m hoping I’ll get a job that pays for it or something.</p>
<p>Probably the only major debt I’d “like” to go in would be a mortgage.</p>
<p>I’m thinking about just living at home with my parents for a year after graduation so that I can concentrate on paying off as much debt as possible. I won’t have <em>that</em> much debt so hopefully it won’t take incredibly long. It’ll just depend on my salary and where I live.</p>
<p>Depending on the school I transfer to, I’ll probably be in $30,000 of debt. </p>
<p>I would go to the local state school, but I would seriously rather die than spend three more years here. One year is bad enough, three is deadly.</p>
<p>PRiNCESSMAHiNA, I’m in the same boat as you. Transferred out after freshman year, would rather gain a buttload of debt that stay there. </p>
<p>Why do you not like HI?</p>
<p>@belief, I’m not in Hawaii anymore, I had to move for $$ among other reasons.</p>
<p>I hate Alabama more than I ever thought possible. Couldn’t pay me to stay.</p>
<p>Hopefully I’ll be in debt about $20,000 after grad school with an internship/fast master’s program, and hopefully I can pay that off in about a year. I also plan to live with my mom to save up money for a few years.</p>
<p>I have my federal loans on a ten year schedule and, at least for now, my private loans on a 20 year schedule. That puts my monthly payments for student loans at about $600 total. My hope is to move the private loans onto a 10 year repayment schedule later but I won’t be able to afford that right away, so in the end it will probably end up being somewhere in between 10 and 20 years.</p>
<p>Not sure if I’d do it again or not, in hindsight. I went to community college and worked my way through debt free before I transferred, I tried to do the right things. But that meant my chance for merit money was about zilch as is the case for most transfer students, and I didn’t qualify for need based aid even though my parents didn’t contribute to financing my education at all-- so I had few options. And while I could have gone to a cheaper school, it would have only been 10k or so different and as it turns out my school’s reputation has been a huge boost for me in the job hunt-- and it’s not like I went to some fancy shmancy out of state school, I went to my flagship.</p>
<p>So, it could be the naivete talking, but at this point I kind of feel like I was screwed either way and this /may/ have just been making the best of an irreparably ****ty situation. The only obviously better option I could think of would have been to not go at school at all, and the wisdom of that is questionable, too. Some kids could have joined the army or gone to technical schools-- all options I considered, but I have disqualifying health conditions for the military and learning disabilities that rule out a lot. So I did the best I could.</p>
<p>I’m living at home with my parents for at least year now, maybe more. I need to move out as soon as possible because there are serious problems with me staying here, but I am trying to get as much of an emergency fund going as possible and I’m hoping to take as big of a chunk out of that debt as possible before I go.</p>
<p>That’s life, I guess! I worried about it a lot when I was in school but I am out of energy for that now. It is what it is.</p>
<p>heh I know a couple people who have 25-30 year loans. They’re still paying off their own student loans when their kids are in college</p>
<p>I might graduate with ~7K in debt just to build my credit a bit. As of right now I’d be able to do it debt free but who knows what’ll happen in 4 years. </p>
<p>Sent from my SAMSUNG-SGH-I897 using CC App</p>
<p>It will take me zero years!
You folks’ tax money is already paying off my debt…Gotta love the G.I. bill.
Stay employed folks!</p>