student loans[views:1382][posts:11]_______________________________________ [Jul 28,2008 5:53pm - y_ddraig_goch ""] what are your experiences with them? I need one for 7000 bucks this semester, should i just take one out for one semester, or for two? |
| ______________________________________ [Jul 28,2008 7:09pm - the_reverend ""] I had 5 years time $3K and they were the ones that interest started immediately. actually there was something about $500 starting after I graduate and the rest immediately. when I got out of college I gave 700 for a couple months and then 1500 for about a year or so. I paid them off in 18 months (only one month did I not send them a payment). then I was done in 18months instead of 10 years. 10 years would have cost me over $36k. by living with my dad and paying everything I made to loans, I paid them off quickly. also, having a skill that people wanted/needed helped. |
| _______________________________________ [Jul 28,2008 7:16pm - y_ddraig_goch ""] so should i take what i need for this semester or should i take out enough for both semesters? and who did you use? p.s. why the fuck do they ask me what i make and my debt to savings ratio and credit score...? I'm not going to be making the same amount of money when I have to start paying in 4 years from now...so why does it even matter for eligibility. |
| ___________________________________ [Jul 28,2008 7:27pm - ther rev ""] cause they want to know how much of a risk you are currently. If you have lived with your pparents for more than 6 months in the past 3 years, they are going to count your parents $$$ against you (thank you bill clinton). If I remember how it was when I took it, you had to apply each semester. what sort of loans are you doing? If they start accruing immediately, then you should wait until the beginning of each semester. |
| __________________________________ [Jul 28,2008 7:45pm - dertoxia ""] I took out loans each semester. It was only about 1,600 each time but i was approved for around 2,300. So a couple semesters i just did the 1,600 and then once i did it for like 2,100 so i had some extra cash since i was broke. I had to do a part time semester which was only 800 but i was still approved for the 2,300 so they did that as a whole other loan which went in at a lower fixed interest rate than my other loan which was variable. So now i owe around $6,500. Because i did the separate loan for the part time semester i'm gonna have to pay around $160 for 18 months and then after that i'll be paying $74 bucks for another 9 years. It's around 9 grand if i pay the minimums. fuckin sucks |
| _____________________________ [Jul 29,2008 1:13pm - pam ""] I don't even want to think about my student loans. |
| _______________________________________ [Jul 29,2008 3:33pm - thuringwethil ""] don't let them collect interest. It all gets capitalized quarterly and you'll see the debt rise higher than Babel's Tower. Shit happened to me, and now I pay more in student loan debt than my rent. Get scholarships if you can. Go to state schools. BEWARE HIGHER EDUCATION! granted, I have a great job partly b/c of my Master's but even if I'd never gone to college and was still working at 7-11 at least my net worth would be higher. call the waaaaa-mbulance! |
| _______________________________________ [Jul 29,2008 4:45pm - y_ddraig_goch ""] thuringwethil said:don't let them collect interest. It all gets capitalized quarterly and you'll see the debt rise higher than Babel's Tower. Shit happened to me, and now I pay more in student loan debt than my rent. Get scholarships if you can. Go to state schools. BEWARE HIGHER EDUCATION! granted, I have a great job partly b/c of my Master's but even if I'd never gone to college and was still working at 7-11 at least my net worth would be higher. call the waaaaa-mbulance! I'm already enrolled in SNHU the most expensive school in nh 17,700 for one fucking semester...yesterday i had an awakening and was like "what the fuck did i do that for???" I kind of want to drop out and take a year off and then go to salem state (education major) but I don't want to work 40 hours a week and save 0 dollars anymore... I don't even think I'll get a private loan...no cosigner...they foreclosed on my mom's house because her boyfriend ditched her and left her with the mortgage. wish I lived in europe... |
| ______________________________________ [Jul 29,2008 4:55pm - Hungtableed ""] I think my total damage is about 15K. I pay $166/month after consolidating two loans that totaled about $260/month. My job gives me a fuckin sweet bonus once a year for having a Bachelors Degree and that $$$ more than pays for my yearly loan sum. |
| ______________________________________ [Jul 29,2008 6:06pm - hyper_sludge ""] i dropped out, HAHA! LOSERS! |
| ______________________________________ [Jul 29,2008 6:15pm - the_reverend ""] jesus hates a quitter |
| _______________________________________ [Jul 29,2008 6:39pm - thuringwethil ""] the_reverend said:jesus hates a quitter Christianity is stupid Communism is good GIVE UP, GIVE UP :krusty: |