I am just curious about something here.
I am very, very concerned and alarmed at the number of folks that I have seen on the board that have student loans of $60K $80K $100K for an undergrad.
The payments on that are so incredibly staggaring I don't see how anyone can make those payments and live a decent standard of living unless you have a spouse that is rolling some money in.
I think it would be a very, very healthy thing to know if anyone has ever finished paying off their student loans, the amount you paid off, and if you have, let's say, over $60K and are currently in payback, would you advise it to others?
I just feel that there is a huge difference in a physician taking out $100K in loans for med school when he will probably be making that or more in his first year, than an RN who will probably be making half that figure as a new grad.
Any thoughts.