I was talking with some of my friends I've graduated with today and we were talking about loans. We all received our degrees in engineering in 3 years (all did community College before going to a university) and they all mentioned owing somewhere between 10k to 30k. I owe 100k. I feel like I messed up. They all went for federal loans. I was advised by my parents to take private loans and some federal loans. About 80k is in private and the rest in federal.
I will roughly owe $800 a month. For the next 10-15 years. I want to try and refinance my private loan to bring this down to $600 a month.
I imagine it's too late to change what's already done, but so I know for the future and my kids, did I mess up really bad?
Edit: to clarify I'm in the US
Submitted November 18, 2021 at 11:01AM by ChrisKross20 https://ift.tt/3oI0hJb
