What was your financial status when you graduated college

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SUMMARY

The forum discussion reveals a wide range of financial experiences among college graduates, highlighting the significant debt burden many face upon graduation. Several participants reported graduating with zero debt, while others indicated debts ranging from $22,000 to $100,000, particularly those pursuing advanced degrees like law or pharmacy. The conversation emphasizes the impact of tuition costs, the importance of scholarships, and the varying financial strategies employed by individuals to manage their education expenses.

PREREQUISITES
  • Understanding of student loan systems and debt management
  • Familiarity with scholarship opportunities and financial aid processes
  • Knowledge of different degree programs and their associated costs
  • Awareness of the financial implications of attending various types of universities
NEXT STEPS
  • Research federal and state scholarship programs available for college students
  • Learn about student loan repayment options and strategies
  • Investigate the financial implications of pursuing graduate degrees in fields like law and pharmacy
  • Explore budgeting techniques for college students to minimize debt
USEFUL FOR

Prospective college students, recent graduates, financial advisors, and anyone interested in understanding the financial landscape of higher education and managing student debt effectively.

  • #31
Education is waaaaaaaaay more expensive than it used to be and it's steadily rising each year.
 
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  • #32
0xDEADBEEF said:
Why would anyone be in dept after college when everything is paid for by the government?
Go Europe! Go Europe!
Unless of course you live in the UK where you have to pay around £3.5k tuition per year, plus living expenses.
 
  • #33
Hootenanny said:
Unless of course you live in the UK where you have to pay around £3.5k tuition per year, plus living expenses.
Oh that island thing...
Go Eurozone! Go Eurozone!
 

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