Will $100K in student loan debt be a problem in finding a job?
Posted in Financial Situation on 08/28/2009 07:51 pm by
dukiduke asked:
I’m going to graduate from college with about $100,000 in student loan debt, and with companies checking prospective employees’ credit before they hire them, how much of an issue is that going to be?
I still have a good credit score (~690-720) and no credit card debt or car loans and never had any late payments.
Erik
I’m going to graduate from college with about $100,000 in student loan debt, and with companies checking prospective employees’ credit before they hire them, how much of an issue is that going to be?
I still have a good credit score (~690-720) and no credit card debt or car loans and never had any late payments.
Erik
08/30/2009 at 4:45 pm
Gary
Considering that you’re just graduating college, they’ll understand.
But you can kiss that good credit score goodbye. You will likely be paying over $1000 a month in student loans or get caught up in a variable rate consolidation.