What is the average student loan debt for 4 year degree?
410673
It varies greatly by school, of course.  Nationally, the average undergraduate student graduates with $19,202 in debt.  This data comes from a NPASA study dated 2003-2004.  "Debt" here consists of Stafford and Perkins loans.  \n\nWant more data?  One quarter of undergraduate students borrow $24,936 or more, and one tenth borrow $35,193 or more.) These figures increase by about 3% or approximately $550 a year. When one includes PLUS loans in the total, the average cumulative debt incurred is $21,814.\n\nMore worrisome is that the amount of *private* educational loan indebtedness (which is much harder to track) is on the rise, since fewer parents are willing to borrow PLUS.
533748
Yes, in fact there are, arguably, more loan options for graduate students than there are for undergrads.  Whether she is a master's student, a doctoral student, or a post-doc student, your wife could borrow...\n\n* A Federal Stafford Loan -- annual limits are $18,500 for most graduate programs (and even higher for health professions students).  Interest rates will be fixed at 6.8% for 06-07\n* A Federal Perkins Loan -- annual limits are $6,000 for graduate students ($4,000 for undergrads). Perkins rates are 5% fixed.\n* A Federal PLUS Loan -- these loans, formerly restricted to undergrads, are open now to graduate students. A student can borrow as much PLUS as it takes to cover his/her educational costs. PLUS rates will be 8.5% for 06-07, though many lenders are offering great interest rate incentives, bringing the PLUS rate down as low as 7%!
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Hello!\n\nMy name is Earl Catlin a financial adviser for 4.0 student loans.  On July 1st student loan interest rates will be rising to 6.8%.  It is best that you consolidate now at a lower interest rate that will also put you at lower monthly payments. For more information visit www.40studentloans.com.  If you decide to apply use my name as your financial advisor and you will recieve a free iPod if approved.\n\nThanks,\n\nEarl Catlin
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Sure, if you feel there is a strong market for well paying jobs in the field you are going to study.  If so, you would be able to pay the loans off fairly quickly.  \n\nOn the other hand if you are going back to school (just because its the trendy thing to do for young people who have no idea what they want to be when they "grow up") and have no real future goals, then don't waste your time.
72001
It depends on how much you owe at which rates, and how fast you're paying them off.  If it costs you $700 to drop 5%, you would be ahead after just a year if you owed $700 / 0.05 = $700 * 20 = $14,000.
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Community colleges over the United States,  the tuition is very cheap comparing to universities (both public and private).\nThe average (there may be some exceptions) for:\n2 years college (public) = 2,000-3,000/years\n4 years college (public) = 5,000-6000/years\n4 years college (private) = 20,000-25,000/years\n--------------------------------------\nFor international students, the tuition may be more expensive ( about doubled if attending in public college, NO different if enrolling in private college (same tuition as presidents)\nHere are some:\nhttp://www.aacc.nche.edu/Content/NavigationMenu/AboutCommunityColleges/Fast_Facts1/Fast_Facts.htm\nhttp://www.faulkner.cc.al.us/
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two or three years of residency then many student loan bills
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No, but after attending most universities, you will have a long course of debt repayment.
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4 year B.S. or B.A. including a semester student teaching
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Any other current debts? Car/student loans? My guess would be between $60,000 - $70,000. It might be on the high end, but I like to live very comfortably. It also gives you the option of buying a new car if you don't already have one, or take a vacation.
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The US does not have the same progression for medical training as other countries.\n\nIn the US most students complete a 4 year bachelors degree in biology, genetics or other relevant degree and then go on to Medical School to receive their MD.  In this case the bachelors can cost anywhere from 5,000-40,000 a year dependant on what kind of financial aid you get and whether you go to a private or public university.  Then medical school can run you upwards of 100,000 to complete your MD.\n\nIt is possible to graduate with 50,000 - 200,000 in debt by the time you are finished with all that school.
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Pay for my University Education so I don't go any further in debt with student loans
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go here...\nhttp://loans.mamayek.com/studentloans.html
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I think around 33% max, include other long term debt payments in the percentage.
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You can go into as much debt as you want to.  Seriously, if you barge straight through at expensive schools, you'll be paying off your  debts just about the time your kids hit college.\n\nMy advice is this:\n\nUndergraduate:  Find a subject you love, and major in that.  You will still need to take all the pre-med courses (anatomy/physiology, chemistry, organic chem, physics, and I'd recommend biochem and genetics as well).  I have friends who are great doctors, and majored in engineering, art, math and other non-medical things.  Get good grades.  You are better off getting good grades at an average school than mediocre grades at a tough school.  You'll get out of college what you put into it.  If you work part time, get grants or scholarships, and pick a school that doesn't cost too much, you don't have to have a huge debt load.\n\nMCAT:  Study like hell.  Learn what needs to be learned for the MCAT and kick butt on that test.\n\nMed School:  If you want to reduce your debt, consider the military (they'll pay your way through med school for 8 years of service) or other government programs - there are some that pay your debt if you work in underserved areas, or in public health jobs.  You'll have to research that, and you have at least 4 years to do so.\n\nAfter medical school, you are qualified to do nothing.  You have to do a residency.  You get paid as a resident, but not much.  The hours are long, but it's better now than it used to be.  Residency is a minimum of 3 years, and can go 7 or more, depending on what you want to do.  YOU HAVE TO START PAYING BACK YOUR LOANS AS A RESIDENT, even if you're not making much.  Keep that in mind as you accumulate debt.\n\nHope that helps.
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$250Million a day. As of today, the total is around $250Billion, or enough money for a full 4-year scholarship for 250 Million Americans. That amounts to around $845 for each American man, woman, and child.
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Dear Paying off student loans as a teacher! \n\nWell I hope this information can help. First of all I am 27 years old and have been teaching for 5 years now. I was in the EXACT same situation. I have an 11 year old son so I understand how family is a priority. I don't know how far you are in your college education but please listen carefully. I relied on financial aide to get through the first 2 years of college then I had to rely on loans once I transferred to a 4 year university. If I wanted to pursue my dream of teaching I knew I had to sacrifice so basically I lived off of financial aide and student loans to survive. \n\nLike I said before, I have been teaching for 5 years and have not started paying off my loans yet.  I borrowed a grand total of 40,000 to pursue a degree in Liberal Studies. The reason I have not paid it back is because IF your still enrolled in school you do not have to make payments toward your loan. Once you complete your credential and your master's degree then you have one year to start making payments. Which most likely you will be in school because after your bachelor's degree you have to get a teaching credential. I am currently working on my master's degree so I don't have to start paying on my loans until I finish graduate school. During this time, my salary is increasing every year. I live in California so the staring salary is 36, 000 as a first year teacher. Now I am currently making 42,000 a year. I haven't paid one cent toward my student loans. I wouldn't be able to afford it as a first year teacher.\n\nNow once I start making payments, my monthly payments will be under $200 a month because I consolidated my loans when interest rates were very low. Yes, get all of your loans and consolidate them into one. As long as the interest rate is low. I know you hear stories about students paying a lot of money each month but you have to do it the smart way. I will be able to afford this amount because my salary consisitantly increases every year. It will do the same for you! Once I complete my master's degree, it will increase even more because of the amount of units I have taken. \n\nSo basically as long as your enrolled in college, you do not have to begin making payments. This is called a deferment of payment. This is why I have pursued my master's degree. It takes two years to complete a master's degree so this gives me more time  to prepare for the monthly payments of 200 a month. Plus, once I receive a master's my pay increases almost 8000 more a year. More education, More money!\n\nTIP! Even after i finish my master's degree, i can apply for a forbearance. Which gives me an additional year to pay off my loans due to financial hardship. I probabaly won't do it, but it's an option.\n\nThe other good news is that 18000 of my student loans were paid off by the state because of a program called APLE. If you teach in a school that is considered economically disadvantaged which most schools are, then they help pay off part of your loan. You have to apply in the beginning of the year and maintain a GPA of 3.0 or better. \n\nOnce you complete your bachelor's degree, try to get an internship at any school that will accept you. I didn't even do student teaching because a school in my community gave me an internship. I started teaching a month after I graduated from college. This internship even paid me a regular teaching salary. Some schools may require you to have your credential but some schools will not. So while I was teaching I was in college finishing my teaching credential. \n\nPlease believe me when I say that things will be OK. You will endure financial hardships and have some gloomy days when it gets tough. I have been there. Eating Top Ramen way too often, living in low income apts, not having a reliable car to travel to school. Some days even crying myself to sleep wondering if it will pay off. It does, think about it this way. T