I went down to my college today to set up my student loans. Since I didn't get much from the federal government, which I was always told would pick up a bunch of the cost, hardly picked up anything I was forced to go with student loans. Scholarships were out of the question because im neither smart nor dumb enough to get anything. Being just an average student really stinks.

By the time i'm all said and done with college i'll be close to $48,000 in the hole...I already feel depressed:(

Then I came home and found a letter in my mail box from my college. Oh my, whats this a bill already, just under $6000 for the first semester. On top of it all, I owe just about $1500 of that by Aug 5th. What a great day it's been for me

You and millions of other americans and canadians.. so don't feel so bad.. enjoy it.

Doesn't it feel good to pay more for an inferior education

I already got used to the paying bills part, insurance, credit card. It's just the massive amount of money i've spent. I never had a bill for close to $6000 before.

well Bob if you got student loans then shouldn't they be payed out automatically?

at least that is what's going on for me

heheh, dont worry, by the time you get out of uni, start working, and when you finally pay off your loan, the interest would have racked up another 5,000 - 10,000 on interest depending on how much you pay off regularly

ive got a $30,000+ loan for my 4 years, and im trying to pay it off by 2005/2006 (hopefully), and that period will put on another $3,000 - $4,000 in interest. great huh? heheh...

well thats how money lenders get their profit anyway...

luckaly my perents help me
first yr
£1100 tuition fees
£2200 acomidation
£3112 student loan
2nd yr
£4100 student loan
£2700 acomidation
£1100 tuition fees
not started 2nd yr yet though

4yrs total

Heck thats not bad a friend of mine's daughter went to Middlebury in Vermont $125k for 4 years and thats for a liberal arts degree.

Actully, im hoping things will turn out better. As it seems, my high school aid advisor totaly messed me up. She made me use my grandparents, since I live with them, on my FAFSA. This isn't good because my grandpa makes way too much money and won't let me get anything. I should have used my mom's name on the FAFSA and I would have probably gotten away with most college costs deffered. I want to kill that woman who messed up my FAFSA. She did it to like 20 other kids too. She needs fired!

actually bob you are supposed to put it with who you live with...

if your grandparents make lots of money figured they may help ya?

They will help where they can. However, Now that my grandpa doesn't work anymore, his job ended back in july, he's only receiving retirement and social security. Since we just built our house here 5 years ago, he still has to make payments on the loan. I don't want to expect much from them because I want them to be able to keep the house and not have to worry about my debts. Thats also why I opted not to have them co-sign on my loan so they can't threaten to take the house away from my grandparents.

Technically, I should be classified as an independent. My grandparents guardianship ended June 1st, the day I graduated high school because I'm 18 and no longer a kid. I still live with my grandparetns, but I should have used my mom's name on the FAFSA because she's a single parent rasing one child, my half-sister. I also found out that since she is my mom, techinaclly I am in her care now that my grandparents legal guardianship has expired.

It's all a bit confusing, but i'm sure ill get the FAFSA crap worked out. Get this huge bill off my back and stick it to the government. At least thats what I hope happens.

Just remember that even when you stick it to the government, they get it back by sticking it to you every year for the rest of your life as a U.S. citizen in the form of Income Taxes. The song is right (sometimes), being grown up isn't half as fun as growing up.

On the plus side, you can always go for your Masters degree right after you get your Bachelors degree and see if you can get that load amount up to $100,000!

dude, my degree is costing me 35 Grand

so don't be depressed... but DO get a degree that can earn good money

Don't wanna see this dude:

I Have a Degree in Liberal Arts; Do You Want Fries With That?


Do it good. Make us proud.

notice i did not say that ace... just make sure you will get a job. which is super hard now... with chinese working for 1 dollar an hour taking away all our programming jobs so corps can get richer quicker and charge more for the products and services

I thought about doing that...

I'm going for a BS in Computer Science. Actully, i've been looking at state jobs, they don't pay as much as a regular comapny job would, however, the benifits are awesome. My mom works for the state, Virigina, and she gets benefits out the ass. Health, Dental, Perscription, Paid Vacation, Government Car all kinds of goodies. She works for the VA Office of EMS though kinda different than my feild of interest. What i've been seeing though is jobs, as long as you've got that degree, that the starting pay is about $65,000 a year. More than plenty for me, and my bills

So what you're saying is: Tony; my full tuition costs the same as your first year.

What are you complaining about?

My fiance ended up with over $70,000 in loans when all was said and done upon his graduation. On top of those payments, we are in the midst of planning our wedding. On top of those expenses, we are trying to find a place to live afterwards. And on top of that, I'm trying to make up for my financial stupidity from several years ago.

Chin up, kid... you got it pretty good...

Haha! Sorry I don't seem a bit more optimistic, I just was shocked being $48,000 in the hole already. Oh well, i'm sure it will all pay off

cost me $30,000 for 10months of schooling...and with 4 weeks left, and finals coming...the school was sold to another private college...long story, but the school had to pay back some tuition monies to the banks...

10 months of all tech stuff...

covering...

A+
Network+
Html Guild
C+
Web Design
Office
MCSE

those where the days...ah..the cad...