Posts Tagged ‘Grad School’

How do I get out of college loan debt?

Posted in Credit Rating on 07/29/2010 12:09 am by
~~~ asked:


I have $30,000 of student loans. I am in grad school and still have one year to go. My field, library sciences, does not guarantee work, especially in this economy. I am training to be an EMT basic. This pays $15 per hour to start. I dont want to take out any more loans but I fear that I might have to in order to keep my other loans in deferrment. I live in my own apartment and don’t have parents to move back in with.

Tina
 

Is it better for a new grad to pay off loan debt or invest with their money?

Posted in Investing on 03/03/2010 09:59 pm by
johnlert22 asked:


I just finished grad school and I’m in debt about $80,000. I make about $65,000 per year. I got a letter from my loan company saying that in 2005, I paid $1700 just in interest. Seems like so much. I was wondering what is better long term: reduced loan debt or investing and taking the tax deduction from student loan interest?
I think my interest rate on
Stafford loan is about 2.5% and private loan at Great Lakes is 6%. I never got around to refinancing but I think I will now

Frances
 

Should I pay off my current student loan debt before going to grad school?

Posted in Seekers on 06/24/2009 10:12 pm by
Corporate Bully asked:


I’m 24 married with a child. Should I continue working and create a plan to aggressively pay off my current student loan and then pursue a higher degree? Or should I go to grad school…accrue more debt…get a higher paying job and then pay off the higher debt? I really don’t want to increase my debt, but I want and pretty much need a graduate degree to continue climbing the corporate ladder at a fast pace.

Sue