college $ debt ???

[3afan]

now that 2 of my kids are in college I'm wondering how much debt the average college student has when he/she graduates ... anyone want to offer up some #s?

FYI, I was very, VERY lucky and had $0.00

[Tiger Baseball]

Originally posted by 3afan
now that 2 of my kids are in college I'm wondering how much debt the average college student has when he/she graduates ... anyone want to offer up some #s?

FYI, I was very, VERY lucky and had $0.00

IMO for 4 years @ 50,000.00

[3afan]

what????? (I'm really not looking for 'opinions', more looking for reality)

[pirate44]

i had zero debt. i worked summers and winters at the cotton gin and refineries. made enough to eek by college surviving on mac and cheese and no partying.

[spiveyrat]

$0. I worked summers and made enough to cover about a semester and a half. My parents helped me with the other half semester. :inlove:

[wedo]

I think the average is somewhere like 30,000 im not sure though!!! It keeps going up b/c tuition keeps going up!!! Its harder and harder to go to school now a days!!!!!

[Tiger Baseball]

Originally posted by 3afan
what????? (I'm really not looking for 'opinions', more looking for reality)

That is reality!

[BTEXDAD]

Originally posted by 3afan
now that 2 of my kids are in college I'm wondering how much debt the average college student has when he/she graduates ... anyone want to offer up some #s?

FYI, I was very, VERY lucky and had $0.00

Try this site.

http://www.usnews.com/usnews/edu/college/rankings/debtindex_brief.php

You brought the average down 3afan. Congratulations. Really.

[luvhoops34]

My daughter had a vb scholarship for the first two years. After that, I paid one semester and then she qualified for financial aid. However, she did apply for a student loan this year to help out with expenses. It has to be paid back, of course. And I didn't ask how much she applied for. Didn't want to know! :thinking:

[3afan]

i had/have saved enuf for about 2 years for each kid - now its loan time

still saving for the 3rd :(

[GreenMonster]

I had just under 5K in school loans. I was lucky enough to pay my way through until the last year and a half. If it weren't for the wife and new baby I probably would have been one of the $0.00 gang. Although, prior to the wife and new baby I was a college dropout. I think I'll take that trade off.

[AggieJohn]

3afan,

my first tow years i payed out of my pocket at a juco. however the year at a&m i had cost me 15000, then last year here in corpus it cost me roughly 8,000, plus 2000 this summer and 4,000 this year...so roughly i'll have to pay about 29,000 for 3 years of school, imagine if i hadn't gone to a juco!!!

[cdlvj]

Ours ended up around $50,000 4 years at a private University.

[eagles_victory]

I start college on Monday I have some money saved and im going to work also ride the financial aid till the wheels fall off.

[eagles_victory]

I start college on Monday I have some money saved and im going to work also ride the financial aid till the wheels fall off.

[eagles_victory]

I start college on Monday I have some money saved and im going to work also ride the financial aid till the wheels fall off.

[shankbear]

I went to Oklahoma City University School of Law from 1988 through 1991. School, books, rent, food, utilities and misc. was around $90K. When I started it was $235.00 per hour and when I left it was $300.00 per hour. Private schools will kill you. Still paying.

[Adidas410s]

I had around $11k when I graduated. Which reminds me...I consolidated my loans before July 1st but it looks like they never did it and now I have 2 variable interest rate loans that are currently at 7.8%!!! I need to call them about that today!!! :mad:

[Ranger Mom]

I have been extremely lucky...my kids did the "community service" thing and got a little bit of a grant......ex-father-in-law paid for the rest!

[PPHSfan]

Originally posted by 3afan
i had/have saved enuf for about 2 years for each kid - now its loan time

still saving for the 3rd :(

That third is gonna kill you. I mean, think of how much money you are going spend on bail.:p

[Texas-Fight]

So far I am not in debt.

[kaorder1999]

i got lucky and had $0

[3afan]

Originally posted by PPHSfan
That third is gonna kill you. I mean, think of how much money you are going spend on bail.:p

$0.00 !!!!!!!!!!

[BIG BLUE DEFENSIVE END]

Originally posted by wedo
I think the average is somewhere like 30,000 im not sure though!!! It keeps going up b/c tuition keeps going up!!! Its harder and harder to go to school now a days!!!!!

That's because our state congress decided to take the cap off of the maximum a college can charge for tuition. If my estimates are correct, Texas A&M brings in around a billion dollars per year.

[SWMustang]

Originally posted by BIG BLUE DEFENSIVE END
That's because our state congress decided to take the cap off of the maximum a college can charge for tuition. If my estimates are correct, Texas A&M brings in around a billion dollars per year.

What are expenses?

[AP Panther Fan]

I know the average cost for 1 semester (15 hours) at TxState is $6500.00 x 8 = $52,000.00

We have the first two semesters paid for thanks to some savings, a few scholarships and some generous friends/relatives at graduation...beyond the first year though, it is a scary proposition. My son working (eventually) will help, but student loans will become a necessity at some point.:(

Another thing that bothers me...now, if you exceed your degree plan hours by 20...they start charging you out-of-state tuition (double). Gives a whole meaning to not passing or dropping a class.

[pancho villa]

I can't tell you how much I am saving cause my baby got a scholarship to SFA. It is supposed to be worth $68,000. I would hate to have to pay that. Thank the Lord!

[AP Panther Fan]

Originally posted by pancho villa
I can't tell you how much I am saving cause my baby got a scholarship to SFA. It is supposed to be worth $68,000. I would hate to have to pay that. Thank the Lord!

Consider yourself (extremely) fortunate. There are days where I wish my son would have focused more on books and less on sports during high school. While he still made good grades (88 .. four year average) it wasn't nearly enough to rake in the scholarships.

On the other hand, who knows, if he wouldn't have been so involved in athletics he might have been wearing those droopy pants.:eek: :D

[Tiger Baseball]

Originally posted by AP Panther Fan
Consider yourself (extremely) fortunate. There are days where I wish my son would have focused more on books and less on sports during high school. While he still made good grades (88 .. four year average) it wasn't nearly enough to rake in the scholarships.

On the other hand, who knows, if he wouldn't have been so involved in athletics he might have been wearing those droopy pants.:eek: :D

:clap: :D :clap:

[BIG BLUE DEFENSIVE END]

Originally posted by SWMustang
What are expenses?

Well, one semester is over $10,000.

[sahen]

i am 65 grand in debt right now (im a senior, and i'll be done in may if everything works out right)....and that is with over 40 grand in scholarship money....i guess i shouldve went to a public school but that said my sister is by the time she gets outa texas state will probably be about 60 grand under herself (no scholarships).....

[Keith7]

Originally posted by 3afan
now that 2 of my kids are in college I'm wondering how much debt the average college student has when he/she graduates ... anyone want to offer up some #s?

FYI, I was very, VERY lucky and had $0.00

i'm lookin at 11,000 when i'm finished.. i went to junior college first though and got my associates degree before i ever had to take out a loan saving major bucks..

[big daddy russ]

I'm at around $3,000 as a junior right now, will probably finish up with around $25,000 through my undergrad years. Started out at community colleges, but worked my way through the first year and a half and didn't take out a loan until the Spring, when I decided to just buckle down and finish school.

I'm using loans this go-round to buy a travel trailer to live in. The interest rate's a lot better than any I'd get if I financed it myself and I'm too old to waste any more time on a go-nowhere job.

Besides, the travel trailer will go with me to my internship next summer and to grad school wherever I wind up.