Have you gotten student loans? How much was the loan, and how much was the interest?Were they hard to pay off?

Answer 1

I currently am a junior in college, I have about $14,000 in debt so far. I'll probably owe about $25,000 by the time I leave here. $6000 of it so far is private loans. The rest is federal loans, of which all is subsidized so far. I'm hoping they won't be hard to pay off, the reason I'm here is to get a good paying job, so I shouldn't have troubles.

Answer 2

Student loans are such a temptation; sign now, pay later.

I graduated 5 years ago, and am fighting them from taking away everything.

According to their generic table for income, I should be able to pay over $600 a month. Yet, they do not look at my bills, lack of child support, and deductions.

BE VERY, VERY, CAREFUL.

It is "instant" money, but you will regret it later. They will follow you everywhere: income tax refunds, unemployment, credit report, child support payments, mortgage, credit cards, international travel etc.

With student loans (read: government loans), you hand over the control to present and future income. Read every letter of the 0.0001 point font in the fine print. Once you sign, look out.

Source: Been there, regretting it for years...