lol, i just took out my student loans for this year...

[WindRavenX]

...it isn't so bad at 6K, but I owe Citibank now 20,000.

It should be paid off my 2014, when I'm like 30 :D

fuck. :cry:

[mainegreen]

1. 30? Wildly optimistic aint you?

'Specially w interest rates going the way they are!

[WindRavenX]

2. I did some fooling around w/ repayment plans...

...at 10% of my gross income @ 30K a year (which is the expected salary I should be getting).

So it isn't THAT bad.

[WindRavenX]

3. so, seriously, how fucked am I with about 30K in student loans?

On a scale of 1-10?

[mainegreen]

4. 3

30,000 year=17,000 after taxes
17,000 = 11,500 after rent
11,500 = 5,000 after food
5,000=4,000 after 401k (save dammit! Start early)

4000/year in misc expenses including student loan should cover you.

Given you live in a city and dont need a car, your actually going to do well w/30k in student loans on 30k a year.
Of course if you dont live in a city, well, thats different.

[datasuspect]

5. i know a secret for putting them off indefinitely

i have had loans since 1993 and have not paid dime one.

[Robb]

6. Yeah

...but who wants to live in that part of Alaska? F'ing polar bears. :D

[datasuspect]

7. no, it is a completely legal procedure (loophole)

and keeps uncle sam from bricking your check (in the event that you have no ends with which to pay them).

[tulip]

8. if you get out with less then 30k

you're doing better then alot of people out there. Just keep your eye on the job at the end of the tunnel.