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Reply to "student loan debt"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]How on earth does she have 220k? The Staffod limit for undergrad is less than 30k. She's in state, so her masters should be two years at less than 20k a year. Even with accumulating interest, that isn't 220k [/quote] I don't see in the OP where it says she is an in-state student, or where if she also went to undergrad or elsewhere. But any out of state public will be very expensive with little aid. Probably private loans, my parents co-signed those for me and my sister too. Stupid but I was 18 with little financial literacy, which is pretty common unfortunately.[/quote] OP here. She attends UVA as an OOS student and her parents co-signed the loans. My son has a 230K salary job with Apple. His GF will probably work for FCPS with a salary of around 55K. They would like to pay off the loan as soon as possible. I threw out one of the scenarios where I told my son that they are welcome to stay with my wife and I after they get married so that they can pay off the student loan in less than two years. [/quote]
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