This post has 5 comments.

1. Anonymous
   07 Feb 10 11:02 pm

   It really depends on how much you owe. My mom paid for part of my undergrad and I took out a few loans to develop credit and learn how to manage my money. I did one of the shorter payback periods (some of my friends are taking 30 years to do it) and I pay around 230 a month. Right out of college (which I am) it does seem like alot only because I have other bills and I live in a city where the cost of living is astronomical in comparison to other places. I’ve just been slowly paying mine back and it hasn’t been that bad at all. It seems like alot, but in the end..school is worth it — your education is worth so much, not only in future salary terms, but also the experiences you had in college! I’m more worried about law school (looking to be about $100 k in debt! ugh)
   Good luck! Don’t stress too much : )
2. saffrone
   08 Feb 10 5:21 am

   For people whose major is in short supply (medical, teachers especially science, math, special ed) you may be able to get part of the loan canceled by working in an area where those professionals are needed. I had to pay back only half of the principle of my note by teaching science in a community college!
   If you major is in one of these areas, check with your financial aid officer at your school to see if there is program where you live.
   Another thing you can do is refinance the loans in a lump sum with a better interest rate than you may have gotten when you got the loans.
3. Anonymous
   08 Feb 10 9:19 am

   They seemed huge at first, but as time goes by, they become background noise. A few raises and promotions and it’ll seem like coffee money.
4. k k
   08 Feb 10 3:17 pm

   sellin crack rocks to dope fiends
5. www.deal
   08 Feb 10 4:06 pm

   with a check