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Rachelle's comments:

on Student Debt

I am working masters in teaching at Oregon State university. Being an E campus student (my classes are mostly through correspondence online and meet only once a month) the tuition is much more expensive. It blows my mind, because we don't use buildings or campus services. Thankfully, my undergrad degree was paid for by family and a trust fund. Upon completion of a one year masters, I will be out $60,000 at 8% interest. That's instate tuition cost. It also includes money for living: I work part time, have class, and student teach during the day.
I am a 4.0 student, and the graduate school informed me I don't qualify for any scholarships because I attend the E campus.
I hardly believe that at a teachers wage I will ever be able to pay the whole of it off at an interest rate as high as my credit card!

posted 4 years, 8 months ago
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