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Discussion » Questions » Education » If you still owe money on your student loans, how long do you think it will take to pay off, and how much was the original amount? ~
Randy D

If you still owe money on your student loans, how long do you think it will take to pay off, and how much was the original amount? ~


~

Posted - May 23, 2019
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Responses


  • 44228
    Original...$120,000
    Remaining...$30,000
    I won't live long enough to pay it back.
      May 23, 2019 6:58 AM MDT
    4

  • 52936

      Wow, woo wuda thunk?
    ~
      May 23, 2019 7:59 AM MDT
    2

  • 10026
    Not me.  But, knowing Element, he's gotta plan!  A good plan he can and will work.  He's one of the most organized and precise people  I know.  (Randy, is that supposed to be person, or is it O.k. as people because I led the statement as 'one of?')  Anyway...
    He probably has it figured out to the .001 of the penny and made sure none of his children would be stuck with the bill.
    A true believer in taking care of business, I think he is. This post was edited by Merlin at May 24, 2019 2:14 PM MDT
      May 24, 2019 9:22 AM MDT
    2

  • 44228
    When I am gone, the debt is gone.
      May 24, 2019 12:51 PM MDT
    1

  • 7776
    Lucky me. I was forgiven for medical reasons. I still don't have a degree though. This post was edited by Zack at May 24, 2019 12:51 PM MDT
      May 23, 2019 8:01 AM MDT
    6

  • 7919
    I just started back to school. :/ 

    It's a little over $12,000 per year to attend the state university here, but I started at the community college. If I stop as an undergrad, my loans would ordinarily be around $30,000. If I continue in the grad program, it'll be a little over $50,000. The latter, I'd have paid off by "retirement age," given my age now. 

    I don't think it'll be quite that bad for me though. I get kickbacks from being in the honors program and will probably qualify for some scholarships. I'm also not certain I'll continue to the grad program. It would let me do what I want to do, but there's no financial benefit to doing it. 
      May 23, 2019 9:56 AM MDT
    5

  • 10026
    :) :) But that is your nature and one of the many things that make you sooooo very Awesome! :) :)
      May 24, 2019 9:27 AM MDT
    3

  • 46117
    Easy,.  I am NOT going to pay it.  

    There are so many avenues to get out of this now, I am not paying.  Screw that.   They screw everyone.  I am not paying.  

    https://www.unitedstudentloanaid.net/ This post was edited by WM BARR . =ABSOLUTE TRASH at May 23, 2019 8:35 PM MDT
      May 23, 2019 10:04 AM MDT
    3

  • 469
    Agreed!  
      May 23, 2019 8:25 PM MDT
    3

  • 6023
    Thankfully ... I never had any.
    My parents bought Treasury Bonds, when I was growing up, that helped pay for some of it.
    The rest, I paid for myself - so it took 3 years to get a 2 year degree.

    If I lived my life over ... I'd go the vocational route.  Plenty of need for trade people, who don't need a college degree and get paid well.
    And if someone WITH a college degree and high-paying job is a jerk to you - you just find excuses to wrack up the work on their car/house/whatever.  LOL
      May 23, 2019 3:26 PM MDT
    4

  • 469
    I was fortunate that my ex's great aunt paid our loans off.  So much for that because now my daughter owes over $50,000 on her student loans.  Sallie Mae is a predatory loan with high interest rates.  I almost wish she wouldn't pay them but I don't want her to ruin her great credit.  But,yeah, Sallie Mae is a ripoff.
      May 23, 2019 8:24 PM MDT
    3

  • 10026
    Not any longer.  My Grammie paid for a good majority of my schooling.  I was loaned 5000 dollars and I Did pay it off in 1994.
      May 24, 2019 9:20 AM MDT
    2