Are your student loans gone....or will they be around for awhile

rubylipstick1 · Mar 30, 2012

I graduated from university here in Canada in May 2011 with roughly a $30,000 student loan. I've been making payments since I started work which was also in May, meaning I took advantage of the "grace period". So far I've gotten it down to just some over $22,000, but thankfully I'm about to get a pretty great tax return now, so I'm planning on putting that on my loan as well and hoping to get it down to just over $17,000! I hate my student loan and absolutely can't wait to be rid of it! No beans and rice here though

pockunit, ADN, RN · Mar 30, 2012

I have none for nursing but plenty from my bachelor's degree. We've been paying while I'm in deferral and it's amazing how fast that total has gone down. If I manage to snag a job, they will be gone within the year.

Pediatric Critical Care Columnist · Mar 30, 2012

You mustn't forget that your (government) student loans are likely to be the lowest-interest debt you'll ever have. But by paying as much as you can while your interest is deferred, you'll still be saving a lot of money.

tokyoROSE, BSN, RN · Mar 30, 2012

I graduated with no debt and over 10k in savings. It is really, really nice not to worry about finances right now. :)

elprup, BSN, RN · Mar 31, 2012

Still have debt. Working on it diligently. But I have zero credit card debt, so I am pretty ok with where I am.

pinkfluffybunny · Mar 31, 2012

I mostly feel like I will never pay them off. Every month I am just staying in front of them. Getting a second job so I can start paying them off and have s little savings.

CathRN · Mar 31, 2012

Yippppeee! I can say that I have no student loans and no credit card debt. All overtime went to those two debts and paid them off in less that 2 years.

pat8585 · Mar 31, 2012

wow less then two years??? that is excellent! kudos! :)