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$20k? Just after my student loans, that leaves me only $6000 for the year to divide up for food, rent, health related, transportation... Even if I move back to
by imsteve 19y ago
$20k? Just after my student loans, that leaves me only $6000 for the year to divide up for food, rent, health related, transportation... Even if I move back to Eastern Europe, there's no way.
- cperciva 19y agoYou must have some pretty huge student loans if you're paying $14k/year in interest...
- ivankirigin 19y agoTotal payment of 1160/mo means $160K at 8% for a 30 year term. I'm sure there are many people in that situation.
- mrtron 19y agoSome student loan programs have minimum payments enforced after the interest-free period, similar to some credit card payments. So, I would not assume that the payment is entirely interest.
- electric 19y agoInteresting. I had brought up the issue of student debt as being one significant impediment to startups happening at the pace that pg had predicted they would.
- imsteve 19y agoActually, it's "only" a little over $100k from 4 years of school. The problem is that it's become a b*tch to get loans under 10% without a co-signer. I couldn't...