Actually, with that amount the monthly payment is higher. If you're lucky to score a "professional" job straight out of college. Typically they stick kids down at the bottom of the barrel as inexperienced and low wages. Imagine a little more making $11.54 an hour. But that's off topic
Quote:
Originally Posted by divine1966
I am still confused on why she can't pay student loan back. If one obtains education and professional job they can pay loan back. If you borrow 50k, your payment could be as low as $300 a month. If you hold professional job, that's not that much. If you drop out of college a year from graduation then you still need to pay debt back, yet you have no degree! Doesn't sound logical. One doesn't need to be wealthy to get education
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