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POLL! What's your student loan debt?

Now that I'm obsessing on ditching our debt, you can probably expect a lot of debt-related posts/polls from me over the next few days/weeks, maybe even months.
[Poll]

Re: POLL! What's your student loan debt?

  • where the heck did that first option come from? weird.
  • Hmm I answered "Poll" since I'm assuming that's $0.00?

     And don't be jealous. Seriously. That $0.00 got me through one whole year of college Confused

  • is $0 the poll option?
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  • I've got less than $400 left! SQUEEEE!  I'm thinking I'll pay it all next month. Double squeee!
  • Ours isn't too bad but we're probably going to be adding it to it soon since DH wants to apply to grad school (hopefully this summer to start in the spring).
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  • MrsAJLMrsAJL member
    Seventh Anniversary

    Neither DH or I have any student loan debt from our undergraduate education.  DH didn't finish at UT and is now finishing a degree.  We're lucky that his company offers 100% tuition reimbursement and he's been able to go to school without any out-of-pocket expense or loan debt.

    However, I would like to go to grad school in the next 5 - 10 years and fully expect that we'll have to take out a loan.

  • yes - the weird [poll] option was originally $0. not sure why/how the nest changed that!
  • DH paid for eeeeeverything for 6 years of undergrad on loans: apartment, eating out, tuition, books, taking me on dates, the whole thing.

    Then, he decided to go to grad school.

    We just started paying them back in January (when he got his first job out of school).  We paid the smallest loan in full almost immediately.  Right now, we've got about 62k left to pay back.

    We're on the 30 year plan.  Sigh.  After 20 years the payment cuts in half.  We're hoping to pay it off in about 15 years (or less). 

    Right now we're really torn on the paying down the student loans (low low interest) or saving for the future.  We're wanting to put a large percentage down on a home... so right now we're trying to save as much as possible and plan to make at least one extra loan payment a year.  The way the interest works, it will take several years off. 

    This has made both DH and I very passionate about saving as much as possible for our future children's education.  We would be in SUCH  different place finacially without these huge monthly loan payments.

  • Sigh.  Let me amend mine - Like shanwalk's DH, I'm planning on grad school.  That's gonna set me back a bit!
  • i wish the student loan people would do what the govt's now making the credit cards do - list on each bill how long it'll take to pay-off if making the minimum payment, and how much to pay each month in order to have it paid off in 3 years. i love that reality check!
  • Mine is $605!!

    DH's a lot, a medical school amount, that I don't even want to know!!

  • I have a little from when I was an undergrad, but getting my M.A. with very little fellowship / scholarships is what killed me re: student loans. Getting a Ph.D. has been much cheaper for me. :)
    Business Cat. image
  • I had to press POLL.  I don't have any.  Flame away, but my parents made a rule that as long as we were in school, they would cover our expenses.  So neither my brother nor I have any student loans.  I feel bad for my dad having to cover both his kids going through college, masters degrees and PhDs, but he lived up to his promise and we both get to graduate loan free.
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