Who is student debt free?

[WaltM]

I wanted to know, who has graduated year 2000 and after.

And has paid off their student debt, if so, what is your profession?

Thanks
(My philosophy is, if you can't pay it off in 10 years, it's not worth the debt)

 

[Baptist]

What I find funny are the people who graduate with 50-150k in loans, land a good paying job of 80k-low 100s, and immediately go into debt for a new car and house. Our plan is to live like broke college students until the loans are paid off.

 

[axiomata]

I've got $8k in debt that is set to start accruing interest in 6 months at which time I will pay it all back lump sum. This is just graduate school debt; I was lucky enough that my parents saved and paid for my undergraduate without loans. Profession is structural engineering. Job starts in a week -- moving for it in a few days.

 

[smithtg]

graduated in 1998; wife and I had about 40K and paid off 6 years after graduating. Im an chemical engineer, she is a nurse

of course debt is a relative thing, i mean we are relocating now and living in cheap housing market, moving to a more expensive means increasing the debt again. at least interest rates are lower (not low, because if they were low the banks wouldnt be making so much money)

peace

 

[WaltM]

graduated in 1998; wife and I had about 40K and paid off 6 years after graduating. Im an chemical engineer, she is a nurse

of course debt is a relative thing, i mean we are relocating now and living in cheap housing market, moving to a more expensive means increasing the debt again. at least interest rates are lower (not low, because if they were low the banks wouldnt be making so much money)

peace

Did you need more than a BS for chemical engineering?

 

[jclay2]

Mathematics & Finance major. Will graduate in 2010 and am going into finance. No debt thanks to my generous grandpa.

 

[Rothbardian Girl]

I would be interested in knowing about this too, because I will be going to college in fall 2011 and I am very concerned about finding a job that would be able to pay off the debt. I'm humanities-oriented, too (thinking about political science or history), so it is probably harder to find a high-paying job that isn't in engineering or something science-related.

 

[Shinerxx]

I graduated in 2004 from a small university in west Texas. I am a public high school science teacher. I have taught advanced Biology courses, Chemistry, Physics, and Anatomy. I was debt free the day I graduated. I paid for my education with private grants and sweat. I worked full time; high end restaurant server and later in retail sales, and only enrolled in enough hours that I could currently pay for out of my savings. I lived with family for three years and the other three I lived with roommates. I graduated in 6 years instead of 4.

 

[specsaregood]

//

 

[WaltM]

I paid cash for my community college associates degrees, my wife did the same; does that count?

yes.

of course, it also counts if you never went to college and live fine working at a job that doesn't require any degree.

but it helps to know how many degrees ever "pay off".

 

[WaltM]

I graduated in 2004 from a small university in west Texas. I am a public high school science teacher. I have taught advanced Biology courses, Chemistry, Physics, and Anatomy. I was debt free the day I graduated. I paid for my education with private grants and sweat. I worked full time; high end restaurant server and later in retail sales, and only enrolled in enough hours that I could currently pay for out of my savings. I lived with family for three years and the other three I lived with roommates. I graduated in 6 years instead of 4.

good example.

do you feel that your job security is dependent on State budget & taxpayers?

 

[WaltM]

I would be interested in knowing about this too, because I will be going to college in fall 2011 and I am very concerned about finding a job that would be able to pay off the debt. I'm humanities-oriented, too (thinking about political science or history), so it is probably harder to find a high-paying job that isn't in engineering or something science-related.

this is EXACTLY why I made this thread.

Maybe you should rethink whether your major, or even school is right for you.

I know I AM<

 

[libertybrewcity]

I would say that most students graduating in this decade and the past few years will have an almost impossible time paying off their debts. What art history major will be able to afford 2k a month payments? Now think of all those that major in history, art, philosophy, etc from private schools that cost 50k a year.

 

[libertybrewcity]

You could always join the army or find some program that would pay for school loans.

 

[specsaregood]

//

 

[YumYum]

this is EXACTLY why I made this thread.

Maybe you should rethink whether your major, or even school is right for you.

I know I AM<

what would you like to study?

 

[WaltM]

You could always join the army or find some program that would pay for school loans.

part of the argument I had with a college friend.

He was going to be a dentist (anyway), he decided he wanted the Army to pay for it.

He knew, that he'd have to work to pay it back later, so it was just a loan, plus a boot camp. I couldn't convince he his freedom might not be worth it, all he saw was being debt free and never thinking about money.

 

[WaltM]

what would you like to study?

if money were not an issue?

or what am I considering to study for job purposes?

 

[nate895]

I am not going to have any student debts to repay because my parents' divorce agreement makes that my father's liability.

 

[WaltM]

Ah, well I self-taught myself programming and have been doing that for about 15 years. Only required time and money on books.

I went to school later in life to get meet women and get laid. I met my wife there, so I guess the degree "paid off". The degrees didn't help with my business at all though.

I'm more or less in the same boat, the difference is I wasted more money and time in college, but I'm so far debt free, wive free.