How much do you owe in loans?

RN2Bn2006 · Apr 20, 2006

I will graduate in a few weeks with a total of $7,000 in loans. I went to a CC, had scholarships & grants to cover most of my tuition and books, but I traveled 90 miles 1 way to school, and with the price of gas, that was a HUGE expense. Also I quit a full time job, so we couldn't survive on just my hubbie's salary - not matter how hard we tried. But at least I will start drawing a nice paycheck in a few weeks!!!! Then - it will be worth it.

I (like a previous poster) will get my employer to pay for my BSN.

PB

allele, LPN · Apr 20, 2006

I graduated in 1999. I went to a community college in my state and tuition actually went DOWN as I was going!! It was $72 a credit when I started and $68 a credit when I graduated! I got through school with no loans, no debt (an associates program) and now I'm in an RN to BSN program at a very expensive private college, but I'm taking one or two classes a semester (only have about 6 left) and work pays for it with tuition reimbursement. I've been VERY lucky! :)

Hebrews 13:5 · Apr 20, 2006

I owe nobody anything and I graduate in 2 weeks!..thanks to GOD! I lived on schorlarships throughout nursing school. I worked during holidays and summer to get some money and had a supportive partner too. It was hard and tough but I thank God is all over... WOO!

TexasPediRN · Apr 21, 2006

32,000 owed- and I just started having to pay it back.

Thats for 4 years, RN-BSN at a private Catholic School @ a cost of 25,000 a semester, for a whopping total of 100,000 for all 4 years.

So I dont think my 32,000 is bad at all!! Scholarships are a blessing!

jonear2, RN · Apr 21, 2006

community college education- $6000.00

full time receptionist job- $10.00/hour

Getting out of nursing school with $0 in student loans- priceless. (except the price of sanity, which never really applied to me anyway.)

control · Apr 21, 2006

Fortunately I didn't have any loans. All I can say is thank god for academic scholarships.

jodyangel, RN · Apr 21, 2006

Wow. I don't have any loans yet..but I can't imagine coming out of school with numbers like 32,000, 40,000. I'm going to a community college and will graduate with an ADN. Why pay those terribly high prices? You will Never make enough to pay them back!!!

sun_chica · Apr 21, 2006

For my 2 AAS degrees: animal mgmt & nursing, I've got $6000. I begin an accelerted 18month RN-BSN next week... so add another ~$14000, after reimbursements from work. Ugh... I'm disgusted with the high cost of education. I don't know if I'd go for my master, just b/c the cost factor. I'd probably take 1-2 classes and let my work pay for all of it!!!

Jo Dirt · Apr 21, 2006

My tuition for my ADN program was around $9000. I worked private duty as an LPN which not only afforded me time to study but also payed my way. Of course, I was very poor during the year and a half I was in school but I graduated with no debt.

Also, when I was in LPN school, I went on pell grants, so there was no debt from that, either.

carolinapooh, BSN, RN · Apr 21, 2006

If all goes as planned, I will graduate with $32,000 in student loans. I do occasionally have a fit about it.

Oh, Multi...I feel your pain....I owe $6K from my original bachelor's degree, and Duke will be...well, I don't like to think about it....:trout: Sort of my own fault, really - but they're ten minutes from my house and UNC is a fifty-mile round trip, so I will save cash in gas (and if gas keeps going up it just may make the difference - LOL!!)...I've already resigned myself to working for Duke for three years to pay back my ABSN loans, and I'm perfectly content with that. I have to work somewhere and there are worse places to have a first job!

I'll have about $40K total when I graduate next December. $33K of that will go away, so I'll be close to my "original" six....oh well.

RNKITTY04 · Apr 21, 2006

I owe about 22,000 in loans. They are divided into two separate bills. I pay over 300.00 a month. (117.00 and 258.00)

HillNPStudent · Apr 21, 2006

I will be graduating in May 2008, with my MSN as a Family Nurse Practitioner. I have already been an RN for two years; am now working in the CCU at our local hospital. I currently have a total of 18,000 combined undergrad and graduate student loan amounts. My estimate and goal is to keep that amount less than 30,000 for me to finish entirely with my MSN/FNP. I am only going to grad school part-time because my hospital pays entirely for six credit hours of tuition with no strings attached. I take out a student loan for the year, the smallest I can afford, then turn in my reimbursement check directly to my loan company once the hospital reimburses my classes. I am also enrolled in a loan repayment program for nurses in my state that pays 20% yearly on the principle, as well as all of the interest. So my actual total I have/will owe in student loans is hard to calculate. I feel the amount is worth the cost because of the many options I'll have as an advanced practice nurse; and with all the repayment options available for nurses, it is very doable. Nursing is such a great field because of the high demand for nurses and the many options you have as an RN, getting a decent paycheck should not be a problem. :)