Reply #5: I graduated in 81 from SIU-E and I totally agree,,,

[benld74]

I had less than 5 grand to pay off a 4 1/2 year DOUBLE MAJOR business degree. I DO NOT recall interst being paid back on that loan to the government, although there probably was.
I went back in 99 to get my MS and a MBA. 20 total classes. $20 grand to pay off. Class cost went from 850 to over 1100 from the time I started until my last class. THis was after the government GAVE the loans to private enterprise, who of course offer LOW rates of 8 percent at the time.
We took off on taxes ALL that was allowable. After that we rolled it into our house payment.