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You must have some pretty huge student loans if you're paying $14k/year in interest...


Total payment of 1160/mo means $160K at 8% for a 30 year term. I'm sure there are many people in that situation.


Interesting. I had brought up the issue of student debt as being one significant impediment to startups happening at the pace that pg had predicted they would.


Some student loan programs have minimum payments enforced after the interest-free period, similar to some credit card payments. So, I would not assume that the payment is entirely interest.


Actually, it's "only" a little over $100k from 4 years of school. The problem is that it's become a b*tch to get loans under 10% without a co-signer. I couldn't...




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