View Full Version : urgent financial aid

08-27-2006, 11:42 AM
I was looking for my loan papers from nellie mae, for semesters 1 and 2 i took out $36,000. I will not be paying on it till i graduate and i have 25 yrs to pay it off. at he end of paying it in year 2035 i will have paid $70,000 in INTEREST ALONE. If anyone shares my frustration please reply!!!

Anthony Brown
08-27-2006, 01:21 PM
LOL, and you just realized this now buddy... did u think med school was going to be cheap? I owe 70K in UNDERGRAD loans and I will need loans for med school also, dont feel bad dude, u r certainly not alone.

08-28-2006, 01:50 PM
Yeah that is how the cookie crumbles. Even with the federal loans if you extend the repayment it will hit you hard but look at what you are paying in intrest for a morgage. Also there are few programs that will assist you in repaying your loans if you go into a primary care field.

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