Reply To: Has anyone here exited the Landscape Architecture industry?

[Jason T. Radice]

Depends on what kind of loans you get…I tried the fed route…terrible interest rate. And after 2 years, then you have to start paying it back…job or not. I wasn’t willing to take the chance of owing the feds.  By the time you ammortize everything, it was a car payment every month. Not just any car, were talkin a Benz or BMW, and a very nice one at that.This administration has utterly destroyed the college loan market by creating a monopoly for themselves. If bank interest and mortgages are less than 1%, and 4.5% respectively, why are Fed school loans upwards of 10%?

 

 

I borrowed the money from myself against savings…but it still wasn’t worth it.