First year debt

[mct2762]

It's about the time to start accepting loans! I just accepted all mine today and am not sure whether to be relieved that it'f finally done, or stressed out by the giant amount of debt I just plunged myself in to! How much do y'all plan to take out for the first year?

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[Escape_Goat]

As much as possible.

 

[mct2762]

As much as possible.

haha me too. it sucks

 

[wjs010]

You took out grad plus already? When do you start?

 

[chizledfrmstone]

~$70,000 for the first year.

Why do bad things happen to good people?

 

[iTcanBdone]

Accepted all mine today as well, so excited I don't even care about debt right now lol. Just happy this program is significantly cheaper than my graduate courses

 

[mct2762]

You took out grad plus already? When do you start?

Yeah the loan cycle for grad plus opened 2 or 3 days ago!

 

[mct2762]

~$70,000 for the first year.

Why do bad things happen to good people?

Bad bad things. Soooo bad lol

 

[buttfrogs]

I haven't yet. Still trying to decide what to do. It depends on my wife's income (looking for a job now) and the cost of our apartment (looking for that too)...

I imagine I'll probably take out the maximum amount (~$69K) and if we can live much more cheaply than that, just save the rest and take out less from now on. It's just tough to decide how much I'll need when so many variables are up in the air, and to this point I've never had to use student loans.

 

[chizledfrmstone]

I haven't yet. Still trying to decide what to do. It depends on my wife's income (looking for a job now) and the cost of our apartment (looking for that too)...

I imagine I'll probably take out the maximum amount (~$69K) and if we can live much more cheaply than that, just save the rest and take out less from now on. It's just tough to decide how much I'll need when so many variables are up in the air, and to this point I've never had to use student loans.

You can always give back if you end up not using all of it.