|
Cobretti2 said: (..) Damn, not sure how big your loans would be but I am guessing huge (assuming you are in the USA). Here for example when I did my degree, Engineering was $5,000 a year. International students got charged $15,000. So basically the government pays for 2/3rds of it and loans you 1/3rd (i.e. to cover the $5000). This is the amount you have to payback. Anyhow after CPI ontop of your loan and doing engineering and MBA @ full rate since it was post graduate, I had a total of like $50,000 to pay off lol. I got that down to about $20,000 now. |
Netherlands and, well, 'all my life' was also probably an exaggeration. It's not that bad 
.
Not really sure what the rate of the AUS$ is today, but I think here it's actually less than those numbers you mention, but the loan's probably less as well. Bare-bones it's €1,800 a year for an EU resident for a 'regular' education like mine. Non-EU students pay a lot though. Like, ridiculous amounts of money. Most degrees (up 'til Master's) take at least 5 years. I sadly needed 6 because of personal issues. The standard loan you get for each year doesn't nearly cover that, especially when taking the extras into account, so one would need the additional loan you can get which naturally also has a 'nice' interest-rate attached to it. The loan also automatically includes a mandatory subscription for public transport, which will be gifted along with a portion of the standard loan if you graduate within 10 years.
If I would've gone all-out and took that full loan I would likely have had a debt of about €35,000 right now. But, like I said, a portion would be gifted because I graduated within 10 years, so you could probably knock about €10,000 off of that number. Needless to say, €0 debt is still better than €25,000.
I'm sorry though, my comment seemed to have taken us quite off-topic...
Essay Pro