Student debts infected many people who graduated

That's so crazy to me. But then again, college is terribly expensive. The only college I can afford (AND BARELY SO!) is community college. Even that is an extra $5,000 a year that I don't have. But still. I have a friend who is in over $100,000 K of debt just from his undergraduate schooling (he studied abroad and went to a private college however). I think it's important to try to minimize loans as much as possible...It's like people forget that they will eventually have to pay them back and then some!

Student study debt sure burdens the students. However, they are the one who requested the money from the government. So it is reasonable to pay what you have borrowed. At my place, student would normally borrow about four to six thousand us dollars to support their studies. This sum have to be paid in fifteen years with an interest of one percent. After dividing it, student is expected to pay not more than a hundred us dollars per month. It is not that hard then to pay the study debt.

Student debt is something that is a struggle for a lot of young people at the moment, because they're going through their course at University and then not being able to get a job at the end of it which is what is causing a huge problem for them. I didn't leave with much debt, but I know that I am going to be paying it back for a long time, and I don't feel as though I can really move on with my life until that debt is paid off. I think that it will take me around 20 years to be able to get rid of my debt and move on.

I know the feeling all too well because I am in debt because of my education. I have a Master's Degree and am pursing a second Master's Degree, but yet I cannot find work. I make money online and try to pay off my debts as much as I can. I have talked to one of my lenders and am on a program where I have to pay 11.88 a month for 18 months and they do not charge interest. I am hoping that I can find work soon.

I know that I have student loan debt and I am still in college working on my second Master's degree. I am hoping to find work or be able to sell my crafts soon so I can pay them off. I am lucky that I am was able to talk to one of my lenders who is allowing me to pay a low amount and is not charging me any interest for 18 months and I am hoping to pay more than my minimum so I can pay it off quicker. I have more than one loan and will work on the next loan as soon as this one is done. I will have to checkout his site and see how he paid them off so quickly. I am not working, however I am in college and get financial aid so I pay it off with that.

My husband is having to pay for his student loans now. i dont know y but they waited about 20 yrs to start collecting. Now for the next 10yrs or so we wont have no income tax because it all goes to the education ppl so...he would rather not file than loose his money. can he get into trouble for not filing for income tax if its all going to go to someone else?

This is the price of education, I guess. I am just glad that the concept of education is different in my country. You know what, I am wondering, correct me if I am wrong, but isn't your primary and secondary schools free? So why can't parents just save money for college? Here in our country our primary and secondary schools are not free. Our parents need to pay for all these things and then still has money to send kids through college. That's why most of the graduates don't really have debts. The problem here is the fact that there are no jobs, so that's the start of their ordeal - but not debt. I mean, instead of giving gadgets, cars and a lot of material stuff for your kids, why not invest in their college schools. I think 16years is enough to save up for their college education, right? Have a great myLot experience ahead!

With high education is coming a rather higher price and it just seems to be getting higher. I think that I was a few of the fortunate ones who managed to get my debt settled rather quickly. I regret having to take a loan out at all and one could argue about the diminishing returns to higher education is giving more and more with each passing year. It really is an utter nightmare world to be in debt of any kind and the student debt around the nation keeps ballooning up with each possible years. Those who have managed to settle are getting more. Others are scrapping by, but the problem is the interest rates are still piling more in off of the back end. Some students unfortunately don't understand quite what they are getting themselves into.

yea. there are many graduates who are being heavily in debt. i'm lucky that my parents are paying for my tuition fees now and therefore i'm debt-free. however, it's not really nice since it's my own education, i should be the one who is responsibe to pay it.

hello,my friend.I think it is a totally true reflect on educations system that failed to cultivate our children by how to survive the society but gave them a lot of opportunities pay debts off.So our government should be aware of what happened on our students and take responsibility for how to keep their competitive out of university other than leave some so-called tricks for them to sink in!