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by AustinC. 05/21/24 05:01 PM
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Re: Advice needed: Best student loan?
[Re: RCHRR]
#3036327
02/08/20 08:54 PM
02/08/20 08:54 PM
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Joined: Nov 2015
Posts: 14,123
Chilton County
MarksOutdoors
Booner
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Booner
Joined: Nov 2015
Posts: 14,123
Chilton County
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US Armed forces or 2 yr college. Way too many adults getting suckered in by their kids to go to their dream college just to flunk out or run up massive debt that most will never re-coop. 2yr nursing degree = $60-$100,00/yr Yep. My daughter will be an RN May 1 and be making $25/hr. with an $8,000 sign-on bonus the day after she graduates. She will only have 2 semesters worth of loans to pay off. The ROI on a 2 year degree is hard to beat.
"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."
-G. K. Chesterton
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Re: Advice needed: Best student loan?
[Re: scrape]
#3036329
02/08/20 08:55 PM
02/08/20 08:55 PM
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Joined: Jun 2015
Posts: 14,091
Some Marriott/Auburn
AU7MM08
Booner
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Booner
Joined: Jun 2015
Posts: 14,091
Some Marriott/Auburn
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Holy hell. My student loans were 3.X-4.X%
I would suggest he do two years at a community college and then transfer to a 4year.
Student loan debt is financially strangling a lot of young adults. my student loans in 1990 were %11 But weren't mortgage interest rates pretty sky high around then also? My student loans are pretty much equivalent to what my mortgage is. Student loans were acquired in 2014 and paid in full come February 2018.
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Re: Advice needed: Best student loan?
[Re: AU7MM08]
#3036338
02/08/20 09:04 PM
02/08/20 09:04 PM
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Joined: Apr 2017
Posts: 15,595
Ourtown, AL
BCLC
Old Mossy Horns
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Old Mossy Horns
Joined: Apr 2017
Posts: 15,595
Ourtown, AL
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Holy hell. My student loans were 3.X-4.X%
I would suggest he do two years at a community college and then transfer to a 4year.
Student loan debt is financially strangling a lot of young adults. my student loans in 1990 were %11 But weren't mortgage interest rates pretty sky high around then also? My student loans are pretty much equivalent to what my mortgage is. Student loans were acquired in 2014 and paid in full come February 2018. Prime was 10.0% in 1990
We’re not dead. We just smell that way. Dayum. - AC870
Yessir! I’m always gonna shoot what makes me happy and I want everyone else to do the same! If you shoot one be proud of it and don’t worry what anyone else thinks. - SJ22
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Re: Advice needed: Best student loan?
[Re: AU7MM08]
#3036339
02/08/20 09:04 PM
02/08/20 09:04 PM
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Joined: Nov 2012
Posts: 2,580
North Alabama
BamaPlowboy
10 point
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10 point
Joined: Nov 2012
Posts: 2,580
North Alabama
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Holy hell. My student loans were 3.X-4.X%
I would suggest he do two years at a community college and then transfer to a 4year.
Student loan debt is financially strangling a lot of young adults. Solid advice or as others suggested join the Guard or other service..no way in hell I’d let my kid take12% loan for a degree
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Re: Advice needed: Best student loan?
[Re: BCLC]
#3036346
02/08/20 09:13 PM
02/08/20 09:13 PM
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Joined: Jun 2015
Posts: 14,091
Some Marriott/Auburn
AU7MM08
Booner
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Booner
Joined: Jun 2015
Posts: 14,091
Some Marriott/Auburn
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Holy hell. My student loans were 3.X-4.X%
I would suggest he do two years at a community college and then transfer to a 4year.
Student loan debt is financially strangling a lot of young adults. my student loans in 1990 were %11 But weren't mortgage interest rates pretty sky high around then also? My student loans are pretty much equivalent to what my mortgage is. Student loans were acquired in 2014 and paid in full come February 2018. Prime was 10.0% in 1990 Then ya, 11% for the student loans in 1990 makes a lot more sense. 11% in 2020 for student loans doesn't make any sense, mortgage rates are near historic lows right now. Though maybe there's something I'm not thinking of or considering. I just know for a fact my student loans were 3.X-4.X%.
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