College brehs, How are you paying for school?

[HideoKojima]

I have $5,500 in loans, $6045 in grants and a small $1,500 in Work-study.
I get depressed everyday knowing i'll owe $22 stacks in loans after graduation. Hopefully I can qualify for a few more grants after this semester to lessen my debt load by atleast 5 thousand,I'm aiming for 10 by senior year. My mom paid off her house,so she said she's going to pay off most of my loans now. When I graduate I'll move back home and freeload. Work and live for free until me and my mom pay off my loans in a couple years

So how are you guys paying? And what do you plan to do about the debt, if you have any at all?

 

[-DMP-]

graduated last year, i have about 37k in debt (apparently thats not alot)

I pay about 200 per month toward my fed loans (went ahead and consolidated them) and 100 a month towards my perkins loan.

-DMP-

 

[HideoKojima]

graduated last year, i have about 37k in debt (apparently thats not alot)

I pay about 200 per month toward my fed loans (went ahead and consolidated them) and 100 a month towards my perkins loan.

-DMP-

Explain consolidation? I think I should've gotten that perkins instead of the Federal subsidized since I plan on teaching at an low-income school

 

[Klyk21]

5500 in pell grants this semester...

 

[-DMP-]

Explain consolidation? I think I should've gotten that perkins instead of the Federal subsidized since I plan on teaching at an low-income school

It combines all your fed loans into one loan and takes the avg of all the interest rates. It also allows ppl who borrowed before 2006 to lock in a prime interest rate. (For those who borrowed after 2006, certain loans have certain fixed rates depending on the year you borrow.)

But on the downside, you lose any perks that come with the loan.

Its worth researching, might or might not be worth it to you.

-DMP-

 

[Ooh Marty]

my classes are cheaper this semester, the 5500 pell grant and the ill fed grant plus a few scholarships i applied for that finally came thru will cover all my expenses this semester.

After I'm done with school, (not law school) ill owe, 30k in total.

 

[HideoKojima]

It combines all your fed loans into one loan and takes the avg of all the interest rates. It also allows ppl who borrowed before 2006 to lock in a prime interest rate. (For those who borrowed after 2006, certain loans have certain fixed rates depending on the year you borrow.)

But on the downside, you lose any perks that come with the loan.

Its worth researching, might or might not be worth it to you.

-DMP-

Hmmm... I see. Its sounds attractive, i'll check that out. I only took out the Federal joints because I didn't wanna go private, them nikkas are rutheless and predatory. MOTHERfukk SALLIE MAE

 

[Richard Wright]

Full Scholarship

Go to a state school

 

[MAKAVELI25]

 

[AAKing23]

Parents paid for me thru my sophomore year I ain't got no worries











But these last two years

them loans is a comin

 

[Richard Wright]

Parents paid for me thru my sophomore year I ain't got no worries

wo years

them loans is a comin

What is your major in?

 

[thegreatwb]

Post 911 GI Bill

 

[AAKing23]

What is your major in?

Economics

 

[Richard Wright]

Economics

Nice, you think about a double major or minor with math?

 

[AAKing23]

Nice, you think about a double major or minor with math?

I was thinking computer science