student loan nightmare!!!

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Okay I need to vent!!!!! I have $45,000 in debt (not counting interest):madface:...As graduation approaches I am upset tinking about the loans I will have to pay back!!!! I have $15,000 from direct loans and $30,000 from chase. What the heck!!!!! am I alone???? should I consolidate? any advice?:uhoh21:

Specializes in Adolescent Psych, PICU.

I have $38,000 in loans as well but I'm ok with that. To me its a better investment that the $22,000 car I bought last year (that I love) that will only depreciate in value! LOL!

Before becoming an RN we were the working poor. Now, even with my loan payments, my family is really benefiting from my income....I also now have health insurance (something I went without for about 10 years), 401K, savings, paying off credit cards, live in a better area (no more gun shootings are neighbors fighting!), etc. So my loan investment is DEFINITELY worth it for me! I would not have been able to go to school without loans....I was able to go to college while still staying at home while my kids were babies/toddlers (I worked part time as a tech in an ICU maybe 1 night a week), my husband worked full time.

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when your loans are paid off life will be even sweeter lol. for loans its good to know the maximum you will need for your education and aim for a starting salary goal. This way you can figure out a budget and try to see if you can pay that loan under ten yr. I aim to pay mine in 3 yrs by paying $1200 a month

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Specializes in MICU.

I am in debt b/c of nursing school. I believe sometimes dreams take much sacrifice.....sometimes you just gotta do what you gotta do. I just think of this as motivation to work hard, and succeed, and find a job. I just keep remembering that this too shall pass!!!

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Specializes in Hospice.
I'd be wary of this one.....2 days/month + 2 weeks/year could = 1 yr in Iraq or Afghanistan.

Yep one thing I KNOW about the military is that you NEVER join to help with college.........unless you want to ship out/see combat!

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Specializes in Hospice.

Ok guys I want to SEE this thrifty thread.........so I'll start one! I hope you guys come there, I want some crock pot recpes and such! My bf was just let go from his job and we are about to start eating pork n beans (lol!). I am not a very imaginative cook. I already do all of mine and kids shopping at thrift stores, it is actually my favorite past time. I get all my books there as well!

Off to start a thread!

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Specializes in Hospice.

Ok guys here it is https://allnurses.com/general-nursing-discussion/saving-money-paying-360199.html#post3356551 . Sorry for hijacking and thank you for your ideas!:bowingpur

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Specializes in NICU/PICU.

Have you looked into grants? I know there is a ton of money out there for people that need help. I googled grad school grants. And you dont have to pay back the money so you could pay off your loans... I think thats how it works. Something to check out though.

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