spectrefish 0 #1 June 1, 2010 So I graduated from college with a bachelors in VFX. My loans are quite unbearable and where I'm stuck living for the moment does not provide an easy entry level VFX gig. Certain parts of my life must suffer because I need to pay back these hideous loans. Full repayment starts in less than two months. How many skydivers out there have an unbearable amount of debt now that they are done with school? Did it affect your jumping? I actually had to give up jumping for a few years because of the demands of my degree and I was looking forward to starting back up again this summer. Now it looks as if that may not happen for a long time. umop ap!sdn w,I Quote Share this post Link to post Share on other sites
rhys 0 #2 June 1, 2010 My Loans affect my jumping in a positive way. I did the commercial skydiving Diploma in 2002 and I student loaned half of it, the other half was subsidised (socialist) by the government. Without these loans I would not have afforded to jump at all, now I own 2 companies in two countries pertaning to skydiving. One must be certain that one is entering the correct career. I have never had any doubt so I have excelled due to my passionate attitude to my career. My loans should be paid off within a year. I also did an avalanche safety management diploma and as passionate as I was about that, it was a long hard road to nowhere as a career, I will do that as volunteer this winter and the snow has started falling.... "When the power of love overcomes the love of power, then the world will see peace." - 'Jimi' Hendrix Quote Share this post Link to post Share on other sites
AggieDave 6 #3 June 1, 2010 I returned my student loans when I was done with school, for a full refund! --"When I die, may I be surrounded by scattered chrome and burning gasoline." Quote Share this post Link to post Share on other sites
davjohns 1 #4 June 1, 2010 I worked one full time job and one part time job while going to school. I had a small loan from early on when I was only working two part time jobs. After that, I paid as I went. I paid off the loan in the first year I was out of school. For my masters' and JD, I paid as I went.I know it just wouldnt be right to kill all the stupid people that we meet.. But do you think it would be appropriate to just remove all of the warning labels and let nature take its course. Quote Share this post Link to post Share on other sites
JohnRich 4 #5 June 1, 2010 QuoteMy loans are quite unbearable... You took the loans. Now you need to sacrifice to pay them back. That's life. Quit your bitchin' and do it. Quote Share this post Link to post Share on other sites
spectrefish 0 #6 June 1, 2010 QuoteQuit your bitchin' and do it. not bitchin. in fact I've already paid almost 75% of the loan with the most interest and I've saved 4K in interest by doing so. Just frustrated over not being able to jump as soon as I was hoping and wondering if anyone else was in the same situation. umop ap!sdn w,I Quote Share this post Link to post Share on other sites
peregrinerose 0 #7 June 1, 2010 Why would you take out loans that were 'unbearable' to pay off? I graduated with $126,000 debt from grad school alone. I had it all paid off in 7 years. I did it by making a lot of sacrifices and smart decisions. Oh... during that time, I still managed to buy a house and skydive. I financed the jumping by working as a packer, and only spent 1/2 of my packing income on jumping. So, suck it up cupcake, and pay off the debt you incurred. Do or do not, there is no try -Yoda Quote Share this post Link to post Share on other sites
skymama 35 #8 June 1, 2010 QuoteCertain parts of my life must suffer because I need to pay back these hideous loans. If it's not the loan you need money for, it's going to be a wedding or new house or shoes for the kids. Welcome to the world of being an adult, certain parts of your life are always going to suffer. You just have to learn to balance it by making decision on wants vs. needs and finding ways to cutback or earn more income.She is Da Man, and you better not mess with Da Man, because she will lay some keepdown on you faster than, well, really fast. ~Billvon Quote Share this post Link to post Share on other sites
wmw999 2,116 #9 June 1, 2010 I was lucky after college to have loans that didn't impact my skydiving. OTOH, I generally made decisions that allowed me to continue -- drove used cars, did my own repairs, always had a roommate, cooked, etc. You have to prioritize, and it sounds like you're doing exactly that. It just sucks sometimes, doesn't it. And you're doing it now, rather than after getting into serious financial trouble. Yeah, welcome to the real world, you get to whine every now and then, and you'll have similar comments for others in 10 years Wendy P. There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown) Quote Share this post Link to post Share on other sites
spectrefish 0 #10 June 1, 2010 Quote I graduated with $126,000 debt from grad school alone. I had it all paid off in 7 years. I did it by making a lot of sacrifices and smart decisions. So, suck it up cupcake, and pay off the debt you incurred. yeesh, that's about 40K more than I'm dealing with. Working full time while in school did help a bit. And I have a plan to get it paid off in about 6 1/2 years, but to do so I am sacrificing a lot of jumping. Perhaps I'll cut back on extra loan payments once in a while and splurge on jumping for a weekend. But that still means I can't jump every day dammit! sigh... anyone got the winning lottery numbers? that would make things a bit easier. umop ap!sdn w,I Quote Share this post Link to post Share on other sites
wildcard451 0 #11 June 1, 2010 Quote I graduated with $126,000 debt Damn, you got off easy! Quote Share this post Link to post Share on other sites
remibond 0 #12 June 1, 2010 How much does uni cost over there? The idea of anyone having a 6 figure student loan is unthinkable in the UK, each year of uni is only £3225 or so plus living expenses. Quote Share this post Link to post Share on other sites
wolfriverjoe 1,340 #13 June 1, 2010 QuoteHow much does uni cost over there? The idea of anyone having a 6 figure student loan is unthinkable in the UK, each year of uni is only £3225 or so plus living expenses. A lot. http://www.finaid.org/calculators/costprojector.phtml. Those are a couple years old, and are averages. They also don't include any post-grad stuf. Perigrinerose is an eye-doc, IIRC, that will include a lot of extra time in school and money spent."There are NO situations which do not call for a French Maid outfit." Lucky McSwervy "~ya don't GET old by being weak & stupid!" - Airtwardo Quote Share this post Link to post Share on other sites
steveorino 7 #14 June 2, 2010 skydiving (AFFI & TI) help me pay off my student loans. steveOrino Quote Share this post Link to post Share on other sites
FreeflyChile 0 #15 June 2, 2010 Quote Quote I graduated with $126,000 debt Damn, you got off easy! Amen! Student loans are affecting jumping because I'm just starting out in my career. I'm sure after a few years, when I'm further along, it'll be much more manageable. Quote Share this post Link to post Share on other sites
AllisonH 0 #16 June 2, 2010 I was fortunate enough to be in school for 10 years with no student loans. I worked part time the whole time, but I owe a BIG thank you to my parents for paying for 1 1/2 years of it and to the schools I went to for paying for the other 8 1/2 years!! Yay for scholarships, fellowships, and graduate assistantships Quote Share this post Link to post Share on other sites
