crna loan payment plan after graduation

  1. 0 How much were you able to pay on student loans a month after graduation and hire?
  2. Visit  amber2brnbsnmsncrna profile page

    About amber2brnbsnmsncrna

    Joined Feb '13; Posts: 5.

    48 Comments so far...

  3. Visit  OscarRN profile page
    0
    I'm interested in this topic as well. Also how much are people going into debt these days for school? I know this largely depends on where you live and the program you attend...
  4. Visit  stanlje profile page
    1
    it really depends on the amount of your loans and the salary that you are able to secure as a CRNA. Most SRNA's come out of anesthesia school with 80 to 100k in debt. The optimum is to sacrifice for a few years and pay this off within 4 or 5 years.Check out the website crnafinancialplanning.com for help.
    bibibi likes this.
  5. Visit  NurseRies profile page
    0
    Quote from OscarRN
    I'm interested in this topic as well. Also how much are people going into debt these days for school? I know this largely depends on where you live and the program you attend...
    I paid for my owns rent, bills, and partial tuition while in school. I worked 2 jobs and still ended up with $53,000. This was for BSN. I think I will have it paid off in 4 years on a pretty basic RN salary, but I've been paying much more then minimum payments. Has been a real pain, I would have preferred to use my money for a house, but will come in time.
  6. Visit  OscarRN profile page
    0
    Quote from stanlje
    it really depends on the amount of your loans and the salary that you are able to secure as a CRNA. Most SRNA's come out of anesthesia school with 80 to 100k in debt. The optimum is to sacrifice for a few years and pay this off within 4 or 5 years.Check out the website crnafinancialplanning.com for help.
    Thanks for that resource. I will definitely look at that website.
  7. Visit  denver nurse profile page
    0
    got a 140k (2 undergrad degrees plus wifes student debt) debt now and will prob tac on anywhere from 80-160k with crna school depening on whether my wife works or not (she is a nurse as well) based. so should come out with a hefty little chunk of debt...but still worth it
  8. Visit  OscarRN profile page
    0
    Have buddies coming of school with $180,000.00 worth of loans. Is that doable or is it too much. This includes tuition and living expenses.
  9. Visit  bibibi profile page
    1
    That sounds like too much with current interest rates. Try to stay in the vicinity of 120k.
    CPhT2RNstudent likes this.
  10. Visit  missnurse01 profile page
    0
    holy crap denver and oscar! that's a lot of money you are quoting...I keep thinking, 'that's a house!'. We will see what I come out with. I really hope it's under 100,000...
  11. Visit  bibibi profile page
    0
    Quote from missnurse01
    holy crap denver and oscar! that's a lot of money you are quoting...I keep thinking, 'that's a house!'. We will see what I come out with. I really hope it's under 100,000...

    Usually if you have no savings you will end up with a little above 100K. Unless you go to one of the schools that charge low tuition.
  12. Visit  OscarRN profile page
    0
    100K would be nice, but I have a wife and three children. I highly doubt I'll be able to keep the debt that low, unfortunately.
  13. Visit  marco346 profile page
    0
    For those of u familiar with these kind of debts, what do the monthly payments come out to be?
  14. Visit  bibibi profile page
    1
    Google loan calculator and plug in the numbers. The interest rate will about 7%. The payments will be over $1000 a month.
    CPhT2RNstudent likes this.

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