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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic

college, debts, trouble
Replies: 3Last Post July 26 8:42pm by KoopaTroopa
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( lovlee )


Professional
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let's say by the time I graduate college, I'm $60,000 in debt. If I started off with a $30,000/yr job, realistically, how long would it take for me to pay off my debt?

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12:13 pm on July 21, 2008 | Joined June 2006 | 185 Days Active
Join to learn more about lovlee Alaska, United States | Straight Female | 485 Posts | 2409 Points
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it depends on what you're doing with the rest of your money......but i'll say 5 years

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12:14 pm on July 21, 2008 | Joined June 2006 | 350 Days Active
Join to learn more about dont notice me Texas, United States | 13682 Posts | -2147483648 Points
jennay


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shit thats a low amount to be making

12:17 pm on July 21, 2008 | Joined May 2008 | 135 Days Active
Join to learn more about jennay North Carolina, United States | Straight Female | 2909 Posts | 4377 Points
KoopaTroopa

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30k per year is about 2500 per month. If you paid $100 per month, it would take 50 years to pay it off. Honestly, I don't think you can pay much more than 100 bucks per month. 2500 per month is kind of low no matter where you live.

Post edited at 8:56 pm on July 26, 2008 by KoopaTroopa

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8:42 pm on July 26, 2008 | Joined July 2006 | 532 Days Active
Join to learn more about KoopaTroopa Louisiana, United States | Straight Female | 9716 Posts | 13944 Points
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  LiveWire / College Forums / Financial Aid, Scholarships & Internships / Viewing Topic