Re: Curious about debit from accelerated BSN programs

I wish you the best.

Re: Curious about debit from accelerated BSN programs

I think my debt (Stafford loan) from the University of Cincinnati Accel BSN program (5 quarters long) was ~$16K. This ASSUMES (dangerous, I know!) that you qualify for the UC Graduate Scholarship, which requires a GRE score of >1100 or thereabouts.

Re: Curious about debit from accelerated BSN programs

Originally Posted by carolinapooh

I have $14K in debt from my ABSN program - but I was lucky in that we were able to pay a chunk of the tuition out of pocket. Many of my classmates have much more than that.

On $20K, I'm paying $370 a month for federal loans. I have no private loans and my APR is 5.0 to 5.5%, depending on which loan you're talking about. Federal loan consolidation has been suspended, so I'm stuck with this for a while. But I don't think it's horrible.

That's a great interested rate. You're right, some of the private sectors (Sallie Mae and Nelnet) have suspended their consolidation programs, but the federal government will allow you to consolidate. I have attached their website for your review. When I consolidated, they took the average of my interest rates and I am at 5.75% for 30 years. Of course I have been paying more than the monthly payment, but it's nice to have lower payments in the event something comes up.

https://loanconsolidation.ed.gov/App...e/appindex.jsp