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Best thing I've ever done as far as college is concerned is 1. Saved up money by working before going to Masters. 2. Lived with 3 others in a two bedroom to s

Best thing I've ever done as far as college is concerned is 1. Saved up money by working before going to Masters. 2. Lived with 3 others in a two bedroom to save money. 3. Chosen less prestigious institution in a smaller town which is significantly cheaper than one of the bigger schools to which I got admit to. Graduated with no debt.

whorleater 8y ago
Best thing I've ever done as far as college is concerned is 1. Did well in high school to qualify for merit scholarships 2. Chose a top 10 college for my field 3. Get a job starting at >100k per year Graduated with debt paid off in less than a year (this is comment is intentionally snarky to point out that "I did X and this is how I avoided loans" stories are usually unique to a person and circumstance, and ignores the very real problem that student loans are opaque, confusing, and intentionally manipulative for young borrowers, which was the point of this article.)
- alienreborn 8y ago
  It wasn't meant to snarky. I would've been under debt too if I wasn't educated about this by my family/friends etc.
  - intended 8y ago
    Non American here. I’ve known about what works in the American education system since the 1990s and before. When I was in my early teens. Meaning that if you were one of the people in the know, you knew the path that made you the most money. Strangely, This is a privilege, one not enjoyed by most Americans.
- deleted 8y ago
  [deleted]
- sjg007 8y ago
  I find it immensely difficult to get back on a standard repayment plan after being on the extended repayment plan.. They (Navient) don't want you to switch to a cheaper plan...
patagonia 8y ago
1) Graduated with a fair amount of debt which I used to subsidize global travel and broaden my perspective 2) Refinanced at 1.25% 3) Sat back and watched inflation erode the debt away (thank you economics degree)
- hellogoodbyeeee 8y ago
  What year did you refinance and get a 1.25% rate?
- eggie5 8y ago
  how did you refinance so low?
- pmfgpmfg 8y ago
  problem with that economics degree is bad math. 1.25% was never possible. It was always Fed + 2.25%

whorleater 8y ago

Best thing I've ever done as far as college is concerned is 1. Did well in high school to qualify for merit scholarships 2. Chose a top 10 college for my field 3. Get a job starting at >100k per year Graduated with debt paid off in less than a year (this is comment is intentionally snarky to point out that "I did X and this is how I avoided loans" stories are usually unique to a person and circumstance, and ignores the very real problem that student loans are opaque, confusing, and intentionally manipulative for young borrowers, which was the point of this article.)

alienreborn 8y ago
It wasn't meant to snarky. I would've been under debt too if I wasn't educated about this by my family/friends etc.
- intended 8y ago
  Non American here. I’ve known about what works in the American education system since the 1990s and before. When I was in my early teens. Meaning that if you were one of the people in the know, you knew the path that made you the most money. Strangely, This is a privilege, one not enjoyed by most Americans.
deleted 8y ago
[deleted]
sjg007 8y ago
I find it immensely difficult to get back on a standard repayment plan after being on the extended repayment plan.. They (Navient) don't want you to switch to a cheaper plan...

patagonia 8y ago

1) Graduated with a fair amount of debt which I used to subsidize global travel and broaden my perspective 2) Refinanced at 1.25% 3) Sat back and watched inflation erode the debt away (thank you economics degree)

hellogoodbyeeee 8y ago
What year did you refinance and get a 1.25% rate?
eggie5 8y ago
how did you refinance so low?
pmfgpmfg 8y ago
problem with that economics degree is bad math. 1.25% was never possible. It was always Fed + 2.25%