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How Are You Paying for School?

I received an email, requesting insight from the N&B community:

"Sweet Jesus! Tuition & Fees this year total nearly $36k. I scoped out my "offer letter", only to find $20.5k in federally subsidized & unsubsidized loans. The money I made this summer will cover my rent for the year, plus a little food here and there. Minimally, I need about $15k to make up the tuition gap. How the hell are other people paying for this? Private loans? Does anyone have any recommendations?

I have no savings, no parental assistance, and my wife is a student as well. I'd rather not just grab my ankles and accept the grad plus loans, as the terms seem quite unfavorable to students, and the commercial loan market has better alternatives. Right now, including my grad school debt, I'm sitting at $100k in loans (prior to this year). Thoughts?"

I'm in a similar boalt. Well?

Full post as published by Nuts & Boalts on August 10, 2009 (boomark / email).