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Whats your debt, and interest from flight training?

Flpilot88
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Debt.  

28 members have voted

  1. 1. What was your origianal debt from flight training?

    • <25k
      8
    • 25k-35k
      2
    • 35k-45k
      1
    • 45k-55k
      3
    • 55k-65k
      7
    • 65k-75k
      4
    • 75k-85k
      0
    • 85k-95k
      0
    • 95k-105k
      1
    • 105k & up
      1

  2. 2. What was your original interest rate?

    • FREE, I had the cash, or family member.
      8
    • 2-3%
      3
    • 3-4%
      1
    • 4-5%
      2
    • 5-6%
      1
    • 6-7%
      0
    • 7-8%
      4
    • 8-9%
      5
    • 9-10%
      1
    • 10-11%
      2
    • 11-12%
      1
    • 12-13%
      0
    • 13-14%
      0
    • 14-15%
      0
    • 15-16%
      0
    • 16-17%
      0
    • 17-18%
      0
    • 18-19%
      0
    • 19-20%
      0
    • 20-21%
      0
    • 21-22%
      0
    • 22-23%
      0
    • 23% & up
      0

  3. 3. Did your original interest rate go up or down?

    • up by 1-2%
      10
    • up by 2-3%
      0
    • up by 3-4%
      2
    • up by 4-5%
      0
    • up by more then 5%
      0
    • down by 1-2%
      3
    • down by 2-3%
      0
    • down by 3-4%
      0
    • down by 4-5%
      0
    • down by more then 5%
      0
    • Same
      13

  4. 4. Are you happy with the debt, or when you had it.

    • Yes
      18
    • No
      10

  5. 5. What year did you finish Flight training and started working?

    • <1980
      0
    • 80-82
      0
    • 82-84
      0
    • 84-86
      0
    • 86-88
      0
    • 88-90
      0
    • 90-92
      0
    • 92-94
      0
    • 94-96
      1
    • 96-98
      0
    • 98-00
      0
    • 00-02
      1
    • 02-04
      3
    • 04-06
      4
    • 2007
      10

Recommended Posts

IFLY Community Regular

IFLY

Posted
Posted
Just wondering everyones situation.

What if your interest rate didn't change?

Flpilot88 Apprentice

Flpilot88

Posted
  • Author
Posted
What if your interest rate didn't change?

 

 

I realize that after I finish it. Also I meant to put in, what year you finish flight training =/. Oh well I still get a general ideal.

fry Proficient

fry

Posted
Posted

Excerpts from an article in today's WSJ about Sallie Mae's problems:

 

Sallie's travails yesterday show the extreme nervousness of investors about securities backed by financial instruments, such as mortgages and credit cards.

 

Sallie Mae also makes and resells private student loans -- which aren't backed by the government. Investors have largely lost interest in those deals, fearing they could be subject to rising defaults.

 

Sameer Gokhale, an analyst with Keefe, Bruyette & Woods, says he didn't expect students to have trouble getting access to government-backed student loans. But he and other analysts said private loans may end up being less available and more costly. "One has to wonder who is going to be around to lend money to students on the private-loan side," he said.

ADRidge Experienced

ADRidge

Posted
Posted

I really feel for the SLM folks, and lord knows there are alot of them in the helicopter game.

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