Over all, the report found, published college tuition and fees increased 439 percent from 1982 to 2007, adjusted for inflation, while median family income rose 147 percent. Student borrowing has more than doubled in the last decade, and students from lower-income families, on average, get smaller grants from the colleges they attend than students from more affluent families.
My last $800 student loan payment:I (my mom) payed the standard rate of 520euros per year to my university. That's not counting costs of living in the University city though (probably close to 400euros per month)
$745 to interest
$55 to principal
:bow
If you do well in high school, go to a state school IN YOUR OWN STATE, do well in college, and get a part-time job, you can get through college without too much damage done. And that's not even counting if your parents help you out. Grants and scholarships really, really help if you can get them (and most people can at least get some grants).
I wish that was the truth.
i was going to go to college recently but decided to just buy some books and learn on my own because i couldn't justify the price
My last $800 student loan payment:
$745 to interest
$55 to principal
:bow
Move to GA and maintain a 3.0 GPA in high school.
http://www.gacollege411.org/finaid/scholarshipsandgrants/hopescholarship/default.asp (http://www.gacollege411.org/finaid/scholarshipsandgrants/hopescholarship/default.asp)
Of course free college does have its drawbacks as the big state schools like GA and GT are much, much more difficult to get into now.
My last $800 student loan payment:
$745 to interest
$55 to principal
:bow
If you don't mind me asking, how much do you owe total and what's the interest rate? I just made a $750 payment and only $30 went to interest. I've paid about $7500 since June on my loans and I owe about $9700 more.Move to GA and maintain a 3.0 GPA in high school.
http://www.gacollege411.org/finaid/scholarshipsandgrants/hopescholarship/default.asp (http://www.gacollege411.org/finaid/scholarshipsandgrants/hopescholarship/default.asp)
Of course free college does have its drawbacks as the big state schools like GA and GT are much, much more difficult to get into now.
Hope scholarship helped me so much. :bow2. Still had to take out some loans, though. :(
I owe about $15,000 and my interest rate I believe is 6.5%. I took out my first loan in May of 2007. I didn't borrow for my first two years, but I'll have to for junior through my masters program.
I'm probably gonna take a year off of school to try and focus on paying off my loan completely. The last thing I want is to find myself 50k in debt.
All of it.
My parents made too much money and I was not eligible for any grants. Parents said they weren't going to give me a cent for school so I'm all on my own, with no grants. Scholarships? I did very well in high school, participated in sports and other extracurriculars, and didn't get shit. I've been on the Dean's List virtually every semester, no financial help. In fact, since I'm in an engineering major, I now have to pay a premium price. So my tuition jumped over $1000 a year. I had part time jobs and it worked but only for a few thousand a year. Three months of internships does not cover nine months of other expenses.
Fortunately I got a pretty high paying job but I probably will have to work a second job until my late 20s or early 30s.
My university actually dropped 40 places in one year because of the high student debtload students carry. One of the highest in the nation in fact.
I really wish I could afford to do an internship. I dunno..I'm just nervous. I've gotten so used to what I currently (been working here for over 7 years) do and am good at it so the prospect of getting into something else and being a fuckup scares me :roflIn my brief experience (one tax season internship in a small CPA firm) that is pretty much the name of the game. I thought that I was well prepared coming out of grad school, but there is really nothing that can equivocate on the job experience. Part of it had to do with the fact that my education was tailored to larger companies and the CPA firm that I worked at only handled small mom and pop shops and doctor offices (most of whom did not know a credit from a debit). Accounting is more or less an apprenticeship type of career
If you do well in high school, go to a state school IN YOUR OWN STATE, do well in college, and get a part-time job, you can get through college without too much damage done. And that's not even counting if your parents help you out. Grants and scholarships really, really help if you can get them (and most people can at least get some grants).
I wish that was the truth.
Assholes!
Perhaps I am in a unusual spot but the fact that this spot exists is pretty telling about how shitty the system is. I'll be fine but I'm saddled with a fair amount of debt. Fortunately my credit rating is high and the highest interest rate I have to pay is 3.25%
I owe 10,000, ill pay it off eventually. I keep the bills paid tho.
Perhaps I am in a unusual spot but the fact that this spot exists is pretty telling about how shitty the system is. I'll be fine but I'm saddled with a fair amount of debt. Fortunately my credit rating is high and the highest interest rate I have to pay is 3.25%I am in the same situation as you. I have a fair amount of student loan debt, but I did have a grad assistantship that payed for 2 semesters of schooling as well as provided a modest stipend. Thankfully I picked a well paying field and it will be hardly any problem to make payments so long as I can find a job (who knows when that will be though).
If you do well in high school, go to a state school IN YOUR OWN STATE, do well in college, and get a part-time job, you can get through college without too much damage done. And that's not even counting if your parents help you out. Grants and scholarships really, really help if you can get them (and most people can at least get some grants).
I start paying my student loans on the 21st of this month, and around $350 a month. I don't even MAKE that much in a month. No idea what I'm gonna go.
I start paying my student loans on the 21st of this month, and around $350 a month. I don't even MAKE that much in a month. No idea what I'm gonna go.
Even if you are past your 6 month grace period that is typical with most loans, there are things you can do. If you get in contact with your loan provider I am sure that there is a way they can reduce your monthly payments, if not there is always temporary forbearance that will postpone your payments for a short time.
ahuahauhauahauahauhauaha
I owe a grand total of about $85,000 and I only make about $40,000 a year :dur :dur :dur :dur :dur :dur :dur