View Poll Results: How much college debt do you or your kids have?

Voters
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  • <$10,000

    5 9.09%
  • <$25,000

    5 9.09%
  • <50,000

    7 12.73%
  • <100,000

    2 3.64%
  • >100,000

    5 9.09%
  • no college debt

    31 56.36%
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Thread: How much college debt do you or your kids have?

  1. #61
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by vasuderatorrent View Post
    8 bucks an hour
    my kid grads lawl schrool next May 300K plus, in the hole

  2. #62
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by AngryOldGuy View Post
    my kid grads lawl schrool next May 300K plus, in the hole
    I don't get it. What are you trying to say?

  3. #63
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by brothern View Post
    Take the Millennial's approach to working? That's a "Screw you, I'm going to move from job to job until I find someone who pays me well" attitude.
    Would you mind elaborating on this? Could you give examples of Millennial's approach versus non-Millennial's approach? I think I know what you are saying but I'm not 100% sure.

  4. #64
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by Ikari View Post
    I have none. When I was an undergrad my parents and I split my tuition, so I just got factory jobs over summer to pay my half and had jobs during the semester for housing/beer/food/blah. When I went to grad school, I got paid because I majored in Physics and you don't pay for graduate school in science.

    You're damn right we don't!
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  5. #65
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    Re: How much college debt do you or your kids have?

    No college debt. Never finished college, but I paid off my student loans all three times I dropped out-- twice from working and once out of my Social Security pension.

  6. #66
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by Ikari View Post
    When I went to grad school, I got paid because I majored in Physics and you don't pay for graduate school in science.
    Even the humanities and social science PhDs go for free here and at most places, far as i know.

  7. #67
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by vasuderatorrent View Post
    Quote Originally Posted by AngryOldGuy View Post
    my kid grads lawl schrool next May 300K plus, in the hole
    I don't get it. What are you trying to say?


    The individual has a child who is in Law School and will graduate next may, I'm assuming the total student debt is then $300,000 for undergraduate and law school combined.

    My daughter is in law school and tuition and books run about $45,000 a year and that doesn't include living expenses. Law School is 3-years.



    >>>>

  8. #68
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by Rocketman View Post
    After reading the balance of college debt nationally I just wonder how many here have it and why you have it? Did you not save for college? plan for college? Go to an expensive school just for the experience? why? why? why?

    Why not?

    I got thru school with a minimum of debt, and I have three kids who are going to be starting college every two years, so I'll have eight straight years of college, six of them with two kids. minimum. I expect at some point each kid will be getting a small loan, because I think having a little 'skin in the game' is important.

    But for those who cant afford it, its pretty clear that the earnings from getting a four year degree over a lifetime are massively higher than no college, so I'd consider the debt to be an investment, not an expense. Of course, you dont have to blow your investment on the most expensive college you can find, but often the colleges that cost more will lead to much better opportunities, and therefore, better earning power and more importantly, better quality of life.

  9. #69
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by vasuderatorrent View Post
    Would you mind elaborating on this? Could you give examples of Millennial's approach versus non-Millennial's approach? I think I know what you are saying but I'm not 100% sure.
    My parents or grandparents would want to work at the same employer until they got promoted.

    I've had 3 different jobs at different companies in the past year and a half. I thought the first was too low paying, so I spent a couple weeks applying to jobs in the Midwest, turned a few offers down and then moved to Chicago. Then I worked there for 6 months before getting sick of it and finding my current job. Got a substantial pay raise with each move.

    ... but it seems most people my age do that.

  10. #70
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    Re: How much college debt do you or your kids have?

    Quote Originally Posted by Rocketman View Post
    After reading the balance of college debt nationally I just wonder how many here have it and why you have it? Did you not save for college? plan for college? Go to an expensive school just for the experience? why? why? why?
    I don't have any but most of my friends that do...they just went to expensive schools in order to be competitive in the job market. Their parents couldn't afford to foot the bill.
    “Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.” John Maynard Keynes

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