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Reply to "Student loans and salary survey"
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[quote=Anonymous]Had $11k in SL with bachelors. Masters paid by employer. Paid off in less than 10yrs. Remember my payment being somewhere between $100-$150. Salary is $102k. Nowhere near DC, much lower COL. It goes far here. My student loan was more of an annoyance than anything. Glad it was paid off between 5-10yrs ago (can't remember exactly when). Would I do it again? In a way I'm doing it again because my kids are both under the age of 6 and their prepaid college funds are 100% funded. But if it were me at 18 in the same situation again, sure, I'd go for a small student loan. Probably not more than $20k unless I was guaranteed a high income upon graduation. [/quote]
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