Reply to I feel like I'm the only person whose parents didn't pay for my education

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[quote=Anonymous]It is not at all unusual for adult students to pay their own way (whether adults at age 16 or at age 36). 100% of our family has done that for generations. Most of our peers do / have done the same, for themselves, for their families. (i.e. student uses many ways to save / pay for their own college.) Mine got very small loans and also high risk / high skilled jobs during college. (Wildfire fighting and Alaska fishing). If your college debt was 10 yrs ago, your loans were very inexpensive and could / should have been consolidated @ ~3% when the deal was presented. So why has your interest 'increased'? How much are you paying towards principle? Most people pay (waste) more than $12k every yr on their home interest. (which they consider an investment (?), as is an EDU.

What is the outstanding balance?
What is your repayment plan? (There are still employers and Service jobs (usually Federal Gov gigs) that forgive college debt in exchange for your services)

(We all have to address those steps for EACH of our obligations). No shortage of obligations in life. Paying their own way through college was not my kid's first obligation. They had been financially on their own long before college. As with my parents... it was MUCH cheaper to go live somewhere else than to stay @ home! (I left home at age 15, living a lot of HS from the back of a pickup truck, in between jobs and school). I accrued NO DEBT for college. I worked 3 jobs (as usual) during college. And before and after college.... for decades after college.[/quote]

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