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Old 04-15-2018, 02:56 PM
Location: Wisconsin
15,052 posts, read 14,342,914 times
Reputation: 34045


Originally Posted by phonelady61 View Post
wow why would you want to encourage your child to go to an out of state school and rack up some debt that she will likely be paying off well into her late twentys ? no don't encourage that . Let her go to school in your local area and not rack up some much debt in school loans . My god my brother had thousands in school loan debt and it took him quite a long while to pay it off . Please think ahead to ten to fifteen years down the road .
BTW, I know quite a few people who did not finish paying off their student loans until their mid thirties. Not everyone gets a great job right out of college (or can live with their parents for free while they are paying down their loans).

I do agree that it is best to keep student loans as low as possible.
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