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To: Captain Peter Blood

It isn’t easy but you can do it through community colleges. I would suggest that she go for an Associate’s Degree in something that will get her a good job. There are quite a few out there, especially in the medical field.

Think about it, starting off your career with 100K in debt.

Student Loan Payoff Calculator

Student Loans $99000.00
Annual Interest Rate 4.2%
Monthly Payment $400.00 Month

Calculator Results:
Student Loan Payoff Period 576 Months
Total Student Loan Payments $230320.17
Total Interest Paid $131320.17


27 posted on 04/30/2011 8:30:23 PM PDT by tiki
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To: Captain Peter Blood

Oh yeah, that would take 48 YEARS to pay off at $400, try to imagine that! 20 years at $600 and just a little over 10 years at $1000 a month.


33 posted on 04/30/2011 8:41:44 PM PDT by tiki
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