College Confidential - View Single Post - Is It Worth It? Indiana University Bloomington

SoCal18 · 12-02-2007, 12:57 PM

A payment of roughly $800/month would eliminate the debt in less than 10 years. And there are numerous financial tricks to decrease the capital at a much faster rate. And considering the average IU grad makes roughly $400/month more than the national average. And the average apartment in LA is at least $500/month more than an apartment in Bristol, CT. And compared to the Midwest the difference is even bigger. Also state taxes in California are much higher.

All of this makes me think that IU is worth the extra loans, but since I don't have a job, and have never payed a bill, my opinion may be a bit skewed.

What do you think?

And I just wanted to add that if I graduated in the regular four years...I would be 21 at graduation.

12-02-2007, 12:57 PM	#26
SoCal18 Senior Member Join Date: Mar 2006 Posts: 1,648	A payment of roughly $800/month would eliminate the debt in less than 10 years. And there are numerous financial tricks to decrease the capital at a much faster rate. And considering the average IU grad makes roughly $400/month more than the national average. And the average apartment in LA is at least $500/month more than an apartment in Bristol, CT. And compared to the Midwest the difference is even bigger. Also state taxes in California are much higher. All of this makes me think that IU is worth the extra loans, but since I don't have a job, and have never payed a bill, my opinion may be a bit skewed. What do you think? And I just wanted to add that if I graduated in the regular four years...I would be 21 at graduation.
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