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Yes, so much. We're on a ten-year repayment plan for graduate school loans, which would have us paying off by 2023 in the worst-case scenario. Our loan payments monthly add up to way more than our mortgage.

Oh yeah. Gosh probably 80k for DH for his mba. And 25 k for me? We paid off 20k of mine last year. My interest rates are tiny so we've just been sitting on this.
Our monthly payment is probably close to 1k per month. My portion is 300
Both were programs that significantly increased our earning capability. The mba tripled or quadruped his, and mine was a doctorate of physical therapy. So basically you can't work without that; it's a good reliable salary with good job prospects in every state.

I only have about $5,200 left! I only started with $25k though, which seems like nothing compared to some!

I don't, but DH does - law school.

Yes but only around $3,000 I think. I would have paid it off already but the interest rate is like 1%.

I did but we paid off 150k last year!!!!!!!!

I have about $12,000 left and DH has a RIDICULOUS amount. We will be paying for probably the next 15-20 years

I have 20K left. DH has none. We are in no hurry to pay it off. Just keep paying the normal payment since interest is so cheap.

Eta: I really got screwed by Congress. They didn't pass a budget the year that I took my loan out and so I fall into this annoying window that doesn't qualify for loan forgiveness. Otherwise my loans would have been forgiven by now since I worked in low income schools.

No. I graduated with no debt. I worked really hard to pay about 1/3 of it and my parents paid the rest as we went. I didn't think much of it at the time but not as I manage my own household, I'm not sure where they came up with an extra 1,000 a month. We worked really hard to pay off dh's. We finished 1.5 years after getting married (2.5 years after he graduated) and right before having DS 1.

@mfa_lady: It is depressing! Mine's on a 10 year plan but DH's is 25 - he financed undergrad and two master's degrees, so it's a lot. BUT, his education allowed him to break free from generational poverty, addiction, and abuse, so I try to remind myself of that every time I look at the remaining balance....

I have 5 more months until mine is paid off! I could pay off the balance now but the interest is so low that I'd rather keep the funds in cash. As it is I'm paying extra each month to pay it off a few months early.

Though now I'm pondering another grad program which we'd need to take out a loan for...

@travellingbee: That is so frustrating and unfair!

So thankful we have none. dh paid off his undergrad loan many years ago. I went to undergrad for free (dad is a professor at the university) + stayed at same school for my masters degree and had half covered for the same reason. My parents paid the other half (incredibly grateful for that!). I went to a different university for my doctoral degree and had half paid for in scholarships. I was married by that time and dh paid for the other half.

Ugh yes. Combined we have over $300,000. I have a doctorate and DH has his masters. His parents couldn't help at all. Fortunately, I qualify for public service loan forgiveness and will be done in about 6.5 years. We are doing income based repayment so the monthly payment is manageable. I try not to think about it.

@winniebee: Where did you get that interest rate?!? Mine is 6.625% and I'm currently looking to refinance.

No. It was the first thing we paid off, and we were super strict about budget so we can pay it off. I know everyone thinks its "good debt", but I felt so horrible having that huge debt loom around us all the time, and you can never ever get rid of it, even if you go bankrupt. So, I made it my mission to get rid of that asap.

Not right now, but i will when I go back to school, and I'm already trying to figure out the best way to pay off 85k. I'm hoping to have maybe a third of it saved up for, up front?...we'll see =\

@gotkimchi: Thanks! Did you go through the application process with both to compare rates? I started the DRB application last night - it's quite the process!

I also have a 1% interest rate on my rather larger amount of student debt for myself. I'm not paying anything beyond the monthly minimums, though, because the interest is so low. I had other student debt with rates of like 5% and 6% that I continuously threw all tax returns, end-of-year bonus and extra monthly income at for the last 9 years since after I graduated. My husband has some shitty loans with 5% and 6% interest rates that we are now focused on paying off. Bummer but we are so happy with our college experience that we aren't too bitter about all the debt.

@peaches1038: We were right there with you mama! DH was unemployed for like a year and a half after he graduated from law school (he moved across the country so we could be together and get married, had to take the bar exam again out here, and then wait to get licensed before applying, etc) so his loans were on IBR (with $0 payment because he made no money) and his loans ballooned by more than $30K by the time we started paying them back in earnest. It was scary when we bought our house last year how it didn't cost THAT much more than our original student loan balance. That and our mortgage was less than our monthly minimum payments!

@SeptMomma12: DH refinanced with DRB too. We went from like 7.85% to 2 point something% (we did an adjustable rate, 10 year repayment with the idea that we would pay it off way faster than that). Its currently at 2.77%. His minimum payment on this play is lower than his 30 year repayment from Direct Loan - oof!

Yep! About 40K left. It seems like the number never guesgoes down...