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College and University Discussion
Reply to "DS upset about loans"
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[quote=Anonymous][quote=Anonymous]To those who keep saying DS will have $80k in loans, where are you getting that figure from? He is also working so the $20k annual gap is only partially covered by debt. [/quote] +1 It sounds like the kid has a small loan and is working to make up the difference for the $20K/year. The kid won't graduate with the full $80K ($20K x 4 years) of debt. I get why he's upset. He has less money and time than the wealthy full pay kids (to be expected) but he also has less money and time than many of the FA kids. The latter is something that I didn't understand that we need to consider until I read this thread. Thank OP, this is helpful. I hope your kid finds a way to make this work. Could he just find the highest-paying summer job possible and save so he can reduce the working during the school year?[/quote]
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