well since this thread got started, I decided to do an online search to find info about my student loans...1 darn frustrating website won't give me anything...just keeps telling me that my PIN is in error~WTF! was on that site almost an hour trying to get it to work. Sent a few e-mails out and got an automated response from 1 site, telling me that someone will get back to me in 2 business days.
yeah....now I'll probably have to round-up a few yrs worth of old W-2's and actually file some IRS tax forms again.
student loans just ending up trapping so many people. my school has a deal that all loans owed will be cut by a large percentage for every year after you graduate that you work with underprivileged children or women in clinics, shelters, private programs, family centers, etc part time or full time. if you work with them in one of the above settings for 5 years then they cancel all the loans. its a pretty sweet deal and i plan on doing that after i graduate in 2010 and sticking with it through graduate school.
our system here means that if you can never pay back the loan then you never have to. i still think you earn more in the long run with a degree, and these days it is the standard to have one. my friends who went straight to the workforce did seemingly well at first, but most of them started doing part time study to fill in the gaps in their knowledge and make themselves more valuable to their companies. i think it really depends what degree you do though. one of the hardest things is trying to get a job straight out of your degree that uses your skills and is actually in your field.
KJ, that is what I am thinking But unless it is paid I just don't have the time, on top of a paid 40 hour a week job you know? I could muster 10-15 hours perhaps...
you're gonna be alright, man. dave and i have lived in a degree of poverty most people wouldn't begin to understand, with a child, and me staying home. you can do it. get the book "america's cheapest family." they've got AWESOME tips for living well and living on little to no money.
I know someone who stays in school half time (at an inexpensive junior college) so that she doesn't have to pay back her loans. She majored in history, so she can't get a job in that field. BTW-I thought about majoring in sociology, but then I realized that I need to make a living. So, I went for engineering and was able to pay back my student loans.