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Reply to "What is going on with student loans?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I am eligible for up to 20k, and I am just now finishing an associate's degree this semester. I had no idea what I was doing, so I stopped because I was scared of the debt. I have learning disabilities and didn't know how to advocate for myself. I left college more than 13 years ago, but surprisingly, I had 20k in debt even though it was so long ago. People with a 4-year degree would have 40k. I didn't have parents pushing me one way or the other, but all my friends in high school went on to college. My parents didn't sit me down and say college wasn't right for me since I would need a lot of remedial coursework. I'm happy I finally pursued my AA degree. I am a teaching assistant [/quote] Also, I never lived on the campus or bought food from the cafeteria with a meal card, so I saved a lot of money. People who lived on campus for at least one year would have 50k. That was at a state college in Indiana. 10 k would wipe out half of my loan, and the other 10k would eliminate it. I received a pell grant. We have been paying on it since dh finished his Ph.D., and it's now at 13k. I know Biden mentioned the 10 k would help folks who never finished, and that's the case for me. I have been in college for a year now, paying as I go, so my AA degree will end up being around 25k. That's a lot of money, considering an AA doesn't open up doors. With my current job, I was required to have at least 48 college credits but not a degree. I make $17.5 per hour. [/quote] Thanks for sharing. 10k is nothing. You can't even go to community college for that. [/quote]
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