I did my exit counseling today for grad school. According to an estimated fixed interest rate of 6.5%, I will need to make approximately $107k per year to repay my loans within 15 years.
I'm pretty sure that working at a non-profit does not include a salary of $107k.
A lifetime of repaying loans awaits me!
Lion
9 years ago
2 comments:
so glad that the "sisterhood of non-profit debtors" includes you. and me. thus, you and me.
i love your blog too (now that i've discovered it!)
Those exit counselors are full of it (and disheartening). You're all happy about graduating and *bam* they tell you you need to be making 6 figures in your 20s to survive. They think Joel and I should make a zillion times what we do too. (Plus, if you had your student loans paid off in 15 years you'd have a lot of people beat (us included).) So don't let them get you down! You guys can do it.
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