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Reply to "Does anyone else owe a TON in student loans?"
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[quote=Anonymous][quote=Anonymous]I have 18k in student loans from a HYP in the shittiest profession ever: architecture. Because I've made $$$ in an unrelated field, I could easily pay them off, but every time the fancy institution sends me a letter asking for money, I first step on it. Then I put it in the trash can. A lot of my seemingly fancy peers are really up shit creek due to student loans. Schools should not lend that kind of money to people going into the arts or architecture. [/quote] I had 120k from an ivy in architecture as well. Many of my classmates no longer work in the field. The ones who still do are one of two things: on their way to becoming famous architects, (around 10/of a class of 60), or are literally the opposite- drowning in debt at a ho-hum firm with a very compromised family life. They buy tear downs and do the work themselves, literally, as their only means of buying a property. And hey are damn good cooks!!! They have to be! I am doing fine, prospects are good at this point since I have made it to close to the 20 yr point, returns start to acrue around then. The profession is a slog. I paid off my loans two yrs ago. Still have about 4k that is low interest and on autodeduct. Need to work on savings and investments. But at least I am not a social worker who took out crazy loans..... Plenty of people don't even like what they do! At least architects do. I love what I do.... Worth something in the end. [/quote]
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