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re: How much do you owe on your student loans

Posted on 2/24/13 at 3:47 pm to
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51215 posts
Posted on 2/24/13 at 3:47 pm to
quote:

Thank God for HOPE. GA has one of the better scholarship setups in the SEC. I paid nothing for tuition and got a little $ for books also. Some states have lower capped amounts so the student still ends up footing some of the bill. Other states don't have HOPE or a HOPE equivalent at all. Sucks to be them.


Yeah, LIFE gave me $5,000 a year. While I am very grateful for that money, that isn't nearly as beneficial as it was 10 years ago when the education lottery scholarships got started. Tuition at South Carolina my senior year in 2010-2011 was around $9,000 I think. Once you add in housing and books, loans become a necessity since part time jobs only help a little.
Posted by DesignTiger
Buford, Georgia
Member since Jun 2011
1518 posts
Posted on 2/24/13 at 4:12 pm to
$54,000.... undergraduate + masters...not too too bad but its gonna suck to pay this off.

Edit: three too many zeros...
This post was edited on 2/24/13 at 5:06 pm
Posted by wmr
North of Dickson, South of Herman's
Member since Mar 2009
32518 posts
Posted on 2/24/13 at 4:20 pm to
$6500.
Posted by Juliojonesfan
Member since Jan 2013
125 posts
Posted on 2/24/13 at 4:21 pm to
I go to school for FREE.
Posted by MikeHoncho
Anytown, USA
Member since Oct 2012
2769 posts
Posted on 2/24/13 at 4:25 pm to
quote:

$54,000,000.... undergraduate + masters...not too too bad but its gonna suck to pay this off.



54 million. You're fricked

Posted by DesignTiger
Buford, Georgia
Member since Jun 2011
1518 posts
Posted on 2/24/13 at 5:07 pm to
Nah man Obama got me covered...

*54,000
Posted by Latarian
Thug POS
Member since Jul 2010
27604 posts
Posted on 2/24/13 at 5:23 pm to
~12k
Posted by LanierSpots
Sarasota, Florida
Member since Sep 2010
61505 posts
Posted on 2/24/13 at 9:17 pm to
My parents pod for my education back in 1990 when I graduated. But my wife went back to school after we got married. Was 80k. Still owe 20k. Low interest. I refuse to pay it off early.


Posted by GeorgiaTide
Georgia
Member since Aug 2012
673 posts
Posted on 2/24/13 at 9:23 pm to
Hope isn't what it once was. I'm 3 years in now and still thankfully debt free, but after books, fees, and my part of tuition I pay in almost as much as Hope does. Don't get me wrong, I'm grateful for the help. I just wish I could have hit college about 6 years ago.
Posted by beulahland
Little D'arbonne
Member since Jan 2013
3565 posts
Posted on 2/24/13 at 10:26 pm to
paid off
Posted by bbvdd
Memphis, TN
Member since Jun 2009
24916 posts
Posted on 2/25/13 at 9:48 am to
I consider myself pretty lucky in that my parents paid for my school.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28784 posts
Posted on 2/25/13 at 10:02 am to
0 debt and mom and dad paid nary a penny.


Posted by jbond
Atlanta
Member since Jun 2012
4938 posts
Posted on 2/25/13 at 10:41 am to
$0, because Bama used to give superamazing scholarships for national merit scholars.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28784 posts
Posted on 2/25/13 at 10:45 am to
quote:

$0, because Bama used to give superamazing scholarships for national merit scholars.


the college i went to gave some good scholarships out. i applied as a freshman for an academic scholarship with a 96 GPA. One weird thing was they asked for my parents salary. what the frick do you need that for? they're not paying for it.

proceeded not to get the scholarship while several classmates w/ lower GPAs than me did. i emancipated myself a few years later and what do you know? free ride!
Posted by GumpInLex
Lexington, KY
Member since Nov 2011
1617 posts
Posted on 2/25/13 at 10:47 am to
well damn... i guess i win. $90,000

Posted by The_Joker
Winter Park, Fl
Member since Jan 2013
16316 posts
Posted on 2/25/13 at 10:55 am to
$0

Scholarships ftgdmfw
Posted by jbond
Atlanta
Member since Jun 2012
4938 posts
Posted on 2/25/13 at 10:56 am to
I don't think it's weird that they asked for your parents' salary. Ideally there should be both merit and need based scholarships available to apply for. College isn't getting any cheaper and I think it's a shame that some can't attend good schools because of cost. Cost is what kept me from applying to more prestigious non-state schools.
Posted by 3nOut
Central Texas, TX
Member since Jan 2013
28784 posts
Posted on 2/25/13 at 11:19 am to
quote:

I don't think it's weird that they asked for your parents' salary. Ideally there should be both merit and need based scholarships available to apply for. College isn't getting any cheaper and I think it's a shame that some can't attend good schools because of cost.



i agree to an extent. but what can i do on paper other than emancipate myself from my parents to prove to them i'm a need based case? it didn't matter if my parents are millionaires or paupers. they kicked me out (on somewhat good terms) at 19 said fend for yourself kiddo.
Posted by jbond
Atlanta
Member since Jun 2012
4938 posts
Posted on 2/25/13 at 12:45 pm to
I think when filling out the FAFSA there's a question about filing as a independent or a dependent and that's where you would differentiate yourself from someone whose parents are financially supportive. I could be wrong though because I never filled out the thing being lucky enough to get the scholly I needed.

Another problem that I think stinks is scholarship stacking. I know several people that in addition to full tuition, housing, and miscellaneous expenses, they receive fat checks from the University each semester because they have kick-arse resumes and win every scholarship they apply for so they're making significant money they're banking that another kid could have used for books or something. And I'm talking they're making more than just cost of living stuff from the school. For example, I know one person who has a full ride with housing and everything covered, and receives a $4000 check from the school each semester. Not all schools allow that but Bama does.
Posted by AubieALUMdvm
Member since Oct 2011
11713 posts
Posted on 2/25/13 at 12:59 pm to
$120,000

What do I win?
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