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Student loan interest rate drop
elkoholic
Member Posts: 5,130
Wells Fargo just adjusted my subsidised student loan rate to 2.5%. At least one ball has bounced my way this month.[:D]
Comments
Mine is now 6.8% for grad school
Same here.
I don't know how people can do the student loan debt thing and manage a life after college. Some people have six figures worth of debt to land a 50K a year job. It just doesn't add up.
I am one of the lucky ones who has let Uncle Sam pay for most of my education, and I have always found a way to cover what they couldn't.
I don't know how people can do the student loan debt thing and manage a life after college. Some people have six figures worth of debt to land a 50K a year job. It just doesn't add up.
I paid for mine every semester but this last one. I decided to bite the bullet and do nothing but school for the last semester and get out of this town. I'll only be 15k in debt.
I don't know how people can do the student loan debt thing and manage a life after college. Some people have six figures worth of debt to land a 50K a year job. It just doesn't add up.
The 50K a year jobs aren't the people you worry about, a 50K a year job quickly becomes 60-70 in a year or two. Its the people with a B of A degree that can't find a job for 6 months and then when they do get a job its paying 30K a year.
You can also look at it like this. Yes, you have that debt, however most places work well with student loans in order to get them paid off. Its not like they can take your education away from you and sell it if you default.
With that said, a college education is a big investment that pays off in high percentages in comparison to just a HS diploma.