How much undergraduate debt did you graduate with?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.

How much undergraduate debt did you graduate with?

Debt Free (No federal, personal or private loans to repay)
245
40%
Less than 10K
62
10%
Between 10-25K
154
25%
Between 25-50K
76
13%
Between 50-75K
38
6%
Between 75-85K
13
2%
Between 85-100K
8
1%
More than 100K
12
2%
 
Total votes: 608

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rayiner
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Re: How much undergraduate debt did you graduate with?

Postby rayiner » Thu Aug 13, 2009 10:37 pm

lawlover829 wrote:
the fledgling wrote:
Kant wrote:I feel like a lot of those trust fund children took this poll. How I hate you all!


Or full scholly-kids. This is top law schools.com (not to sound elitist).


:)

good point.

I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.


Please tell me she at least majored in engineering...

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Aberzombie1892
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Re: How much undergraduate debt did you graduate with?

Postby Aberzombie1892 » Thu Aug 13, 2009 10:43 pm

Zero. "Parental Contribution."

Thank god for successful parents.

Dad moreso.

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lawlover829
Posts: 183
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Re: How much undergraduate debt did you graduate with?

Postby lawlover829 » Thu Aug 13, 2009 10:46 pm

rayiner wrote:
lawlover829 wrote:
the fledgling wrote:
Kant wrote:I feel like a lot of those trust fund children took this poll. How I hate you all!


Or full scholly-kids. This is top law schools.com (not to sound elitist).


:)

good point.

I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.


Please tell me she at least majored in engineering...


English. She's currently unemployed (graduated in May).... I think she's living with her parents while studying for her lsat.

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rayiner
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Re: How much undergraduate debt did you graduate with?

Postby rayiner » Thu Aug 13, 2009 10:47 pm

lawlover829 wrote:
rayiner wrote:
lawlover829 wrote:
the fledgling wrote:
Or full scholly-kids. This is top law schools.com (not to sound elitist).


:)

good point.

I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.


Please tell me she at least majored in engineering...


English. She's currently unemployed (graduated in May).... I think she's living with her parents while studying for her lsat.


Is she pretty? At this point, maybe she should look into the field of trophy wifery.

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Moxie
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Re: How much undergraduate debt did you graduate with?

Postby Moxie » Thu Aug 13, 2009 10:51 pm

the fledgling wrote:
lawlover829 wrote:I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.


:shock: Wow. I feel bad for her too...


Goodness, that sucks. Isn't that what financial aid is supposed to prevent?

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lawlover829
Posts: 183
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Re: How much undergraduate debt did you graduate with?

Postby lawlover829 » Thu Aug 13, 2009 10:54 pm

Moxie wrote:
the fledgling wrote:
lawlover829 wrote:I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.


:shock: Wow. I feel bad for her too...


Goodness, that sucks. Isn't that what financial aid is supposed to prevent?


hm, her parents made a high salary and she didn't get schollys. GWU is wayy expensive for undergrad, she should have transfered out.

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lawlover829
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Re: How much undergraduate debt did you graduate with?

Postby lawlover829 » Thu Aug 13, 2009 10:55 pm

Is she pretty? At this point, maybe she should look into the field of trophy wife.

hmmm it's sad, but her parents might have an arranged marriage for her (she's south asian). She's seriously considering it.

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DavidYurman85
Posts: 242
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Re: How much undergraduate debt did you graduate with?

Postby DavidYurman85 » Thu Aug 13, 2009 10:58 pm

I will have about 13k. Most of it was to cover extra expenses, ie: study abroad, COL in nyc for unpaid internships, etc...

My good friend graduated from American with 170k. Her parents told her to take out everything and promised to pay it back-but the economic downturn hurt their investments. Her payments are over 1k a month, she makes 50k, and lives in DC (very high COL). Sucks...

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lawlover829
Posts: 183
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Re: How much undergraduate debt did you graduate with?

Postby lawlover829 » Thu Aug 13, 2009 10:59 pm

DavidYurman85 wrote:I will have about 13k. Most of it was to cover extra expenses, ie: study abroad, COL in nyc for unpaid internships, etc...

My good friend graduated from American with 170k. Her parents told her to take out everything and promised to pay it back-but the economic downturn hurt their investments. Her payments are over 1k a month, she makes 50k, and lives in DC (very high COL). Sucks...


at least she has a job :) what did she major in

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the fledgling
Posts: 295
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Re: How much undergraduate debt did you graduate with?

Postby the fledgling » Thu Aug 13, 2009 11:40 pm

lawlover829 wrote:
Moxie wrote:
the fledgling wrote:
lawlover829 wrote:I graduated with 5k in debt .... but one of my friends goes to GWU and she has 210k in debt for undergrad. I feel bad for her.


:shock: Wow. I feel bad for her too...


Goodness, that sucks. Isn't that what financial aid is supposed to prevent?


hm, her parents made a high salary and she didn't get schollys. GWU is wayy expensive for undergrad, she should have transfered out.


Wow, if her parents really did make high enough salaries to count their daughter out of need-based aid, they did her a major disservice by not saving for her college education. Not to pick on your friend and her family, but wow. That's just awful.

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DavidYurman85
Posts: 242
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Re: How much undergraduate debt did you graduate with?

Postby DavidYurman85 » Fri Aug 14, 2009 8:43 am

lawlover829 wrote:
DavidYurman85 wrote:I will have about 13k. Most of it was to cover extra expenses, ie: study abroad, COL in nyc for unpaid internships, etc...

My good friend graduated from American with 170k. Her parents told her to take out everything and promised to pay it back-but the economic downturn hurt their investments. Her payments are over 1k a month, she makes 50k, and lives in DC (very high COL). Sucks...


at least she has a job :) what did she major in



True, its just that she wants to go to grad school but with that amount of debt hanging over her head, it doesn't look very bright. I think she majored in Public Relations.

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LawandOrder
Posts: 611
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Re: How much undergraduate debt did you graduate with?

Postby LawandOrder » Fri Aug 14, 2009 8:47 am

lawlover829 wrote:
DavidYurman85 wrote:I will have about 13k. Most of it was to cover extra expenses, ie: study abroad, COL in nyc for unpaid internships, etc...

My good friend graduated from American with 170k. Her parents told her to take out everything and promised to pay it back-but the economic downturn hurt their investments. Her payments are over 1k a month, she makes 50k, and lives in DC (very high COL). Sucks...


at least she has a job :) what did she major in


That is ridiculous. These kids going to American and GWU are not getting an education that is $170-$200k more valuable than what I got at UMD, and (parents) paid a total of <$20,000 for, instate. And now here we are after college, both making $50k and I have none of that ridiculous debt. Asinine.

oneforship
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Re: How much undergraduate debt did you graduate with?

Postby oneforship » Fri Aug 14, 2009 8:54 am

.
Last edited by oneforship on Mon Sep 14, 2009 10:53 am, edited 1 time in total.

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rayiner
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Re: How much undergraduate debt did you graduate with?

Postby rayiner » Fri Aug 14, 2009 9:19 am

LawandOrder wrote:
lawlover829 wrote:
DavidYurman85 wrote:I will have about 13k. Most of it was to cover extra expenses, ie: study abroad, COL in nyc for unpaid internships, etc...

My good friend graduated from American with 170k. Her parents told her to take out everything and promised to pay it back-but the economic downturn hurt their investments. Her payments are over 1k a month, she makes 50k, and lives in DC (very high COL). Sucks...


at least she has a job :) what did she major in


That is ridiculous. These kids going to American and GWU are not getting an education that is $170-$200k more valuable than what I got at UMD, and (parents) paid a total of <$20,000 for, instate. And now here we are after college, both making $50k and I have none of that ridiculous debt. Asinine.


Seriously. Considering the number of perfectly good public schools in the va/DC/md area.

dborch
Posts: 13
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Re: How much undergraduate debt did you graduate with?

Postby dborch » Mon Sep 14, 2009 6:09 am

1k

bell22
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Re: How much undergraduate debt did you graduate with?

Postby bell22 » Thu Jan 28, 2010 2:35 am

zero :P ...just like the others, my parents paid all the loan. I'm very grateful with them :D
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Rowinguy2009
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Re: How much undergraduate debt did you graduate with?

Postby Rowinguy2009 » Thu Jan 28, 2010 2:52 am

Zero...scholarship totals were actually more than tuition so I got a nice rebate check every semester. Was fortunate enough for my parents to pay for rent and things like that. Since they had to pay relatively so little (at least compared to what they expected) they are helping me out a decent bit with my COL expense during law school. I feel fortunate to be in the situation I am in.

The only complaint is that I went to my state TTT school. All in all I think the quality of education I got was exactly what I paid for (nothing). But since I am going to law school, and knew I was going into law school when I started undergrad, it was in the long run the best decision.

02122015
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.

Postby 02122015 » Sat Jan 30, 2010 1:51 pm

.
Last edited by 02122015 on Wed Aug 11, 2010 7:43 pm, edited 1 time in total.

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Sogui
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Re: How much undergraduate debt did you graduate with?

Postby Sogui » Sat Feb 06, 2010 4:38 pm

My god, I actually summed up the courage to check my debt numbers.

$44,000 for an in-state public school that I attended with a 1550 (old numbers) SAT.

My parent's EFC was so low that I was even getting Pell Grants. Plenty of other grants as well.

Then my father passed away and my mom made bank on the life insurance, of which I never saw a penny. Yet the EFC that year went through the roof but the school was reasonable and only bumped up my loans moderately.

Then my mom went full-retard on me and decided she didn't need to send in her FAFSA info the next year. We don't talk much and I assumed she didn't need her hand held after 2 years of FAFSA. Since she usually sends her FAFSA in late after sending the schools a notice about it being late (she's a business owner and it takes her a while to get her financial info together) so it was typical for me to wait until summer to hear about aid.

Except that summer she never informed me that she decided not to do FAFSA at all. She had had a "conversation" with someone "knowledgeable about money" and it wasn't worth the effort to fill it out.

I went from maybe $10k cumulative loans from Freshman and Sophomore year, to $25,000+ in loans in Junior year alone. By the time she got her FAFSA in, it didn't make a difference. I had tripled my cumulative UG debt in one year. Senior year hasn't been kind to me either.


This is when I wish there was some level of "lock-in" aid besides scholarships. I had a 4-year grant dismantled by the state government one year in and replaced with a yearly grant that was shortly pulled the year after. Every other form of non-loan aid disappeared as well, leaving me holding the bag.

$44k for a cheap in-state tuition public school is just absurd.

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kp009
Posts: 64
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Re: How much undergraduate debt did you graduate with?

Postby kp009 » Sat Feb 06, 2010 4:52 pm

100K+ and I kick myself for it every day now that I've decided to go to law school...it's really effecting my decision on where to apply/attend. Went in freshman year with good financial aid which somehow disappeared after that first year. Too late to change it now and I loved my undergrad experience, but I'll be kicking myself for it for many many years to come.

yo!
Posts: 653
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Re: How much undergraduate debt did you graduate with?

Postby yo! » Tue Feb 23, 2010 3:48 pm

None, I went to a JC for the first 2 years. After transferring, I got in-state tuition and my parents paid. Unfortunately my sister is now in her junior year, so my parents don't have the money to help with law school. I'm extremely thankful that I don't have UG debt, because I definitely wouldn't be going to law school.

narkizopoint
Posts: 200
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Re: How much undergraduate debt did you graduate with?

Postby narkizopoint » Tue Feb 23, 2010 3:51 pm

0. Worked full time-dont hate tho, GPA sucked so now I have to pay for LS.

unbeknownst
Posts: 40
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Re: How much undergraduate debt did you graduate with?

Postby unbeknownst » Tue Feb 23, 2010 6:16 pm

My parents retired so I had 0 familial contribution. I paid for the rest with a work study and some babysitting. It worked out really well.

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echoi
Posts: 144
Joined: Tue Mar 25, 2008 6:15 pm

Re: How much undergraduate debt did you graduate with?

Postby echoi » Fri Feb 26, 2010 7:27 am

$35k

would be more like $25k if i didn't fuck up so bad freshman year and lose a scholarship for sophomore year.

atashakor
Posts: 41
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Re: How much undergraduate debt did you graduate with?

Postby atashakor » Fri Feb 26, 2010 7:36 am

ZEROOO

i just made a fake address and told them i dont live with my parents.....but in reality i did




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