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Survey Results

How big is your student loan (in $US) currently?   [Edit]

Survey period: 13 Feb 2006 to 18 Feb 2006

Most of us have had one, have one, or are about to get one. How much are you in debt at the moment?

OptionVotes% 
I never had a student loan66654.46
under $1,000272.21
$1,000 - $4,999604.91
$ 5,000 - $9,999433.52
$10,000 - $14,999443.60
$15,000 - $19,999655.31
$20,000 - $24,999272.21
$25,000 - $30,000312.53
Greater than $30,000675.48
I have paid off my loan completely19315.78



 
GeneralDifferent perspective Pin
blueSprite16-Feb-06 7:57
blueSprite16-Feb-06 7:57 
(In US)
My loan of less than $2000 was paid immediately by money from my first few months of paychecks. In highschool I had graduated second in my class and received scholarship money to attend a state university that was number #1 in the area for Computer Science. The scholarships paid for a lot of the tuition. I worked to pay for dorm and living expenses. I was extrmemly fortunate to have such a little loan to pay off. It was important to me to be debt-free. I had been accepted to Dartmouth, Carnegie-Mellon, etc, but the state school provided me with a great education for a lot cheaper.

Now for the "different perspective"- my stepdaughter wants to go to the most expensive school her parents can afford. My husband and I are providing enough money for tuition so she could attend a state school, but that is not good enough (she does not want to attend a state school, which is fine, but it's up to her/her mother to figure out the rest of the money). I kid you not, she wants to attend an expensive school because the "selection of men will be wealthier".
Her mother (who just inheritied a lot of money) will provide $60,000 to her. Even with all of this, the child plans to go to a school which will cost her $40,000 above what all of us are providing her.

And worse yet, she does not know what she wants to do! Most likely major in English! It's ok that she doesn't want to know what she wants to do, but it would be best if she figured that part out while at an inexpensive school, then transfer to one that's well-known for her selected area of interest.

It's such a different way of thinking. She doesn't care about the fact she will have major loans afterwards. She feels that her "college experience" is worth every penny (of someone else's money) and that her rich husband will pay off her loans for her. Nothing I or my husband say can help her out here, because her mother tells her how wonderful that plan is.

My husband and I feel morally obligated to help her get an education, plus if we didn't (to make a point about her "plan") she and her mother could sue us (yes sue us) for college money that might be more than we could afford. In our state, that precedent has been set, sadly enough. We're just hoping they've never heard that they can do that....

Thanks for listening. It's a sore topic for me.
blueSpriteRose | [Rose]
GeneralRe: Different perspective Pin
Jörgen Sigvardsson16-Feb-06 9:38
Jörgen Sigvardsson16-Feb-06 9:38 
GeneralRe: Different perspective Pin
blueSprite16-Feb-06 9:43
blueSprite16-Feb-06 9:43 
GeneralRe: Different perspective Pin
Corinna John16-Feb-06 22:21
Corinna John16-Feb-06 22:21 
GeneralRe: Different perspective Pin
Jeremy Falcon16-Feb-06 23:42
professionalJeremy Falcon16-Feb-06 23:42 
GeneralRe: Different perspective Pin
blueSprite17-Feb-06 5:08
blueSprite17-Feb-06 5:08 
GeneralRe: Different perspective Pin
blueSprite17-Feb-06 5:09
blueSprite17-Feb-06 5:09 
GeneralRe: Different perspective Pin
blueSprite17-Feb-06 4:42
blueSprite17-Feb-06 4:42 
GeneralRe: Different perspective Pin
wadegiles17-Feb-06 6:52
wadegiles17-Feb-06 6:52 
GeneralRe: Different perspective Pin
blueSprite17-Feb-06 8:09
blueSprite17-Feb-06 8:09 
GeneralRe: Different perspective Pin
wadegiles17-Feb-06 8:33
wadegiles17-Feb-06 8:33 
GeneralRe: Different perspective Pin
Toby Opferman25-Feb-06 13:05
Toby Opferman25-Feb-06 13:05 
GeneralRe: Different perspective Pin
River One18-Feb-06 7:12
River One18-Feb-06 7:12 
GeneralRe: Different perspective Pin
blueSprite18-Feb-06 10:25
blueSprite18-Feb-06 10:25 
GeneralRe: Different perspective Pin
Toby Opferman25-Feb-06 8:46
Toby Opferman25-Feb-06 8:46 
GeneralBig question Pin
Arch4ngel15-Feb-06 2:13
Arch4ngel15-Feb-06 2:13 
GeneralRe: Big question Pin
Toby Opferman25-Feb-06 8:43
Toby Opferman25-Feb-06 8:43 
GeneralRe: Big question Pin
Arch4ngel25-Feb-06 15:46
Arch4ngel25-Feb-06 15:46 
GeneralRe: Big question Pin
Toby Opferman25-Feb-06 18:58
Toby Opferman25-Feb-06 18:58 
GeneralRe: Big question Pin
David Crow6-Mar-06 5:29
David Crow6-Mar-06 5:29 
GeneralUniversity of Amazon Pin
Sean Rock14-Feb-06 19:32
Sean Rock14-Feb-06 19:32 
GeneralRe: University of Amazon Pin
Bob Stanneveld14-Feb-06 20:47
Bob Stanneveld14-Feb-06 20:47 
GeneralRe: University of Amazon Pin
Sean Rock14-Feb-06 23:32
Sean Rock14-Feb-06 23:32 
GeneralRe: University of Amazon Pin
Bob Stanneveld14-Feb-06 23:53
Bob Stanneveld14-Feb-06 23:53 
GeneralRe: University of Amazon Pin
Joshua Quick15-Feb-06 17:06
Joshua Quick15-Feb-06 17:06 

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