Seniors, graduating with debt? | 04.28.11

For seniors, graduation is quickly approaching! Unfortunately, so are those pesky loan repayments, yikes! Take a few seconds to vote on our most recent poll to let us (and all those soon-to-be-graduates out there) know how much debt you’ll be graduating with, and see where you fall on the scale!

View Student Loan Debt Survey Results summarizing the results (as of May, 15)

If you’re graduating with loans, make sure to look into loan consolidation to help with repayment!  Still in school?  Find a better way to pay search for scholarships or compare student loans.

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15 Responses to “Seniors, graduating with debt?”

  1. Abran says on March 11, 2012 at 10:44 am:

    There comes a point where applying for scolarships takes you away from class work and time for projects. Loans are made because a scholarhip is so much harder to get. Should be the other way around.

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  2. Yoli says on December 6, 2011 at 10:54 am:

    The funny thing about the cost of my degree(HIMT) is, that i was’nt told the full amount of the cost till after my first year.Due to extra classes being added and my school going through the process of being accredited(Ahima).yikes I need taking up the wrong major forgiveness plan lol! Good news is I wont have trouble finding a job in EHR is on high demand thank goodness.

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  3. Amber says on May 12, 2011 at 1:21 pm:

    I know I will be graduating with debt within the 40,000 and 50,000 range if I don’t start winning some scholarships. Its an interesting chart though it is refreshing to see a high percentage for those without debt.

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  4. brandy says on May 10, 2011 at 8:29 am:

    I have over 50,000 in loans when I graduate next year. Just make sure you know what you want to do when going into college. Changing my degree costed me greately

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  5. Tammy Thomas says on May 7, 2011 at 7:09 am:

    I have graduated from UOP with a tremendous amount of debt. Be sure to count up the cost before agreeing to do anything. You will find your self in a cycle of going to school just to defer loans.

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  6. Chrissy says on May 4, 2011 at 7:02 pm:

    I have student loans, federal and private, and credit card debt (I do have more than one credit card and thats all I got to say about that). I am extremely fearful of repayment and am looking for some simple part time jobs to repay some now. Can hardly focus on school cuz debt keeps creeping up on my mind.. If I can’t find a good job my last semester of school, I think I’m just gonna add another major and stay enrolled ;) .. maybe one that PROMISES a good paycheck.. (I should have went into engineering, why didn’t people tell me they make serious cash straight out of school?) now I find out.. ughh…

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    • Student Loan Guru says on May 5, 2011 at 8:20 am:

      @Chrissy- After graduation you should look into consolidating your loans. Consolidation could lower your monthly payments (though it will lengthen the term of the loan overall). Just something to keep in mind ;)

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  7. Taylor says on April 30, 2011 at 5:27 pm:

    Higher? Almost half of the replies were from people who have $20,00 or more in debt. And 15% owe more than $50,000! That is crazy. I have $13,000 and I am worried about paying them back. What kind of job is paying enough to pay back those loans? Let me in on that secret.

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  8. Sharol says on April 30, 2011 at 2:27 pm:

    I really need a scholarship to prevent me from borrowing private loans

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  9. Brittany says on April 29, 2011 at 10:36 pm:

    Not what exspected for a debt chart

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  10. Chris says on April 29, 2011 at 12:15 am:

    Nice chart

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  11. Megan says on April 28, 2011 at 10:21 pm:

    Wow, i thought the percent of debt would have been much higher

    Reply To This Comment
  12. Redstricted says on April 28, 2011 at 7:16 pm:

    I expect a huge amount of debt after to afford a good education for the future.

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