Career

Who still has student debts

LinkedIn Shape of💩
Feb 11

How much left and when will you be free?

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  • Uber aNft74
    Most blind users are immigrants so they don’t have any
    Feb 118
    • 1904labs pkjh35
      Most immigrants I know have loans for a master's degree
      Feb 11
    • Facebook / ProductMotryMan
      Everyone says this: “most Blind users are immigrants” (and often even more specifically: Blind is mostly Indian) but how do you really know?
      Feb 11
    • Cisco lolcoder
      They do, but pay it of under 2 years
      Feb 11
    • New OwjS77
      Most immigrants have loans, especially the ones from Indian subcontinent.
      Feb 11
    • Google / Engcatburglar
      Most immigrants have loans
      Feb 11
    • Datometry / EngLangEr
      I wish that was true
      Feb 11
    • RackWare Dreamlight
      Most immigrants have enormous loans back home.
      Feb 11
    • Apple 🗣ur🧠
      Only if they got into undergrad back home. That’s super competitive now. It’s easier for them to just apply to any rando university here and take out student loans than compete with the rat race back home.

      I think most of them have student loans. Just like Americans do. And they pay them off quickly.

      And especially now that you need a masters degree to remain competitive, most have student loans.
      Feb 11
  • I think I’m still at 50 or 60k?

    Who knows I convinced them to keep me on the lowest payments and have no intention of trying to pay it off faster.

    I’d rather use extra income to enjoy life than payback for a degree (masters) that didn’t teach me anything new.
    Feb 114
    • Google / Engcatburglar
      Classic American Thought Process
      Feb 11
    • 🤙

      I was naive 20-something year old fresh from undergrad and the system made it easy to acquire 80k to go to school for another 2 years.

      Yes, I’ll pay back less if I pay it off sooner. But it’s 25 years on current payment schedule or if I double payments it’s around 13 years. In the grand scheme of things I can wait 5 or 7 years when I’m making a legit base salary and lots more disposable income to throw at the student debt.
      Feb 12
    • Google / Engcatburglar
      If you're in a fang, you can pay it off in a couple of years.
      Feb 12
    • Worked at google and was bored out of my mind so I took a better opportunity that allowed me to travel the world and work on a lot of interesting projects.
      Feb 12
  • New OwjS77
    57k. 12% interest. 0 repaid until now. Expected duration 1.25 yrs. Gonna start repaying back soon. Fresh grad.
    Feb 114
    • Amazon / EngDynamoDB
      Holy shit 12%

      Why not refinance?
      Feb 11
    • Google / Engcatburglar
      Is it back in India?
      Feb 11
    • New OwjS77
      Yeah, the loan is from India. Part of the reason why the interest is high is because it has no collateral. Thankfully things have worked out and I will soon start my job with a good TC by bay standards. Hoping to repay back soon.
      Feb 11
    • Axtria DesiLaunda
      What's a good TC by Bay standard? Mind telling the company name?
      Feb 11
  • Flagged by the community.

    • Amazon / EngDynamoDB
      You're just racist. Not all Indians are cheap. Keep your anecdotal evidence to yourself.
      Feb 11
    • LinkedIn 紅色貓咪
      Jokes on you, living cheaply is the way to go.
      Feb 11
    • Here’s how I look at it.

      My income keeps going up while my school debt payments stay the same. Eventually when I’m earning enough, doubling the payments or throwing wads of cash at it won’t feel like a burden — but until that point I’m going to continue to live a stress free life and use whatever disposable income I have to enrich myself — whether that’s traveling, enjoying great food, going out with friends, buying books or taking online classes to continue learning.

      And being debt free isn’t realistic for me in a year or two so why put my self in a position where I have to be a hermit eating ramen and PB&Js everyday. Although I could go for some ramen and a PB&j sandwich right now.
      Feb 12
  • Microsoft pJcW86
    20k at 3% and still paying minimums. However that 20k not paid to loans was used to invest in the stock market and was getting +20% every year.
    Feb 110
  • Amazon dqJw06
    Full scholarship to undergrad
    Feb 111
    • Me too and then I said oh grad school looks interesting but they don’t pay athletes in grad school.
      Feb 12
  • Facebook / EngSheepWolf
    Doe's wife's student debt count?
    Feb 110
  • Microsoft facebook69
    $67k 😳
    Feb 110
  • Datometry / EngLangEr
    35k for grad school at 13% pa. Paid 12k in the first 6 months after graduating.
    Feb 110
  • Amazon / EngDynamoDB
    45k undergrad loans, 4.99% interest
    Feb 110
  • Intel PokerFace8
    65k undergrad
    Feb 110
  • Command Alkon user2222
    None... Paid it of my first year of my career.
    Feb 110
  • New / EngPrometheuz
    My grad school paid for itself. Partly through tuition waivers or on campus programming job and mainly through money earned during summer internship.
    Feb 110
  • Capital One / Eng Username
    $1.8k of 6k left. Graduated in May & free after tax refund comes.
    Feb 110
  • LinkedIn m00’
    No student loans
    Feb 110
  • Google / Eng🍑☁️
    I have 20k or so, at only 3-4% interest. Thanks to the recession for those sweet rates
    Feb 110

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