How much undergraduate debt did you graduate with? Forum

[JJDancer]

By debt I mean any federal, PLUS, personal or private loans.

Thanks

[elliefont]

answer: way too much considering I had full tuition scholarship. besides jobs for some extra cash, every single other expense was covered by loans.

[Aeroplane]

A bit under $25K. One private Citibank loan and Staffords. I paid back the private loan in full within about a year of graduation. The remainder is about half subsidized Stafford and half unsubsidized, consolidated at very low interest. I won't ever pay more than the minimum payments on that, even if I win the lottery.

[rayiner]

ZIppo. My undergraduate cost about $12k/year for everything when I started. It was around $15k/year when I graduated. My parents covered tuition + housing and I covered the rest with summer job money.

[Leeroy Jenkins]

20k, all of which was paid off within the year

[gatorlion]

ZERO. I actually made money in college after merit scholarships.

Thanks, Florida Bright Futures!

[sf87]

Zeroo

[rayiner]

Zeroo

Stripping that lucrative?

[sf87]

Zeroo

Stripping that lucrative?

sadly, i work in retail. my job had nothing to do with me having no debt

[06132010]

23K

[toolshed]

Zero. Cash in pocket with bonus schollys.

[pu_golf88]

Debt free is the way for me!

[03121202698008]

.

[LawandOrder]

Zero. Parents paid.

[Kant]

I feel like a lot of those trust fund children took this poll. How I hate you all!

[SamSeaborn2016]

I came out with about $15k in debt. Loans and some scholarship money took care of tuition and I worked as a resident assistant to cover my room and board. I survived on what little bit I scraped together off my student loans and my RA stipend ($75/month)

[the fledgling]

I feel like a lot of those trust fund children took this poll. How I hate you all!

Or full scholly-kids. This is top law schools.com (not to sound elitist).

[Justiz]

about $30k and now racking up another $38k for my MBA because I dont want to participate in the company reimbursement program so I can leave when I am done and rack up more debt in law school...

The way I look at it though school loans aren't real debt.

Consumer debt is what messes people up the most.

[lawlover829]

I feel like a lot of those trust fund children took this poll. How I hate you all!

Or full scholly-kids. This is top law schools.com (not to sound elitist).

good point.

I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.

[strawberryfanta]

about $30k and now racking up another $38k for my MBA because I dont want to participate in the company reimbursement program so I can leave when I am done and rack up more debt in law school...

The way I look at it though school loans aren't real debt.

Consumer debt is what messes people up the most.

[findlayswimmer28]

I came out with close to $100K and have paid off about $16K in one year. I went to a private school with a small academic scholarship, no parental assistance whatsoever, and was forced to live in the dorms until I was a junior. I only took out what was needed and still had to work full-time just to pay for books, food, and rent once I moved off campus. Oh and I completed my science degree in 3.5 years. I never would have taken out so much if the financial aid person had given me sound advice. Instead, I was told that I would have plenty of time to pay them off and that the payments would be low. I didn't count on not being able to find a job when I graduated. I ended up taking the only science related job I could find at $10/hr.

Fortunately for me, law school is only going to cost me $30K, worst case scenario since I have a pretty hefty scholarship and I don't have to borrow for COL. I figure by the end, I have a debt load that is comparable to most people coming out of law school.

[02082010]

$7000.

[Moxie]

Surprised that the poll results are so low (financially), I will graduate next year with about $25k, all the rest covered by financial aid (sadly, my UG doesn't offer merit-based aid).

Although I've loved my time at my UG (relatively small, private, in the suburbs), I would've given my state school a second glance if I realized how little it would matter for graduate school admissions.

[the fledgling]

I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.

Wow. I feel bad for her too...

[lawlover829]

I came out with close to $100K and have paid off about $16K in one year. I went to a private school with a small academic scholarship, no parental assistance whatsoever, and was forced to live in the dorms until I was a junior. I only took out what was needed and still had to work full-time just to pay for books, food, and rent once I moved off campus. Oh and I completed my science degree in 3.5 years. I never would have taken out so much if the financial aid person had given me sound advice. Instead, I was told that I would have plenty of time to pay them off and that the payments would be low. I didn't count on not being able to find a job when I graduated. I ended up taking the only science related job I could find at $10/hr.

Fortunately for me, law school is only going to cost me $30K, worst case scenario since I have a pretty hefty scholarship and I don't have to borrow for COL. I figure by the end, I have a debt load that is comparable to most people coming out of law school.

Wow. I'm glad law school worked out. I'm still struggling to pay my debt and congrats to paying 16k in one year.