Originally Posted by jack'smom
My friend's son is going to a private medical school in NY- it's $75,000 a year! For 4 years. That's alot of money to pay.

You can pay it back pretty quickly, though. It took me 4 years to pay off $120,000 back in 2000-ish, and that was with an $80K starting salary. You just send your entire salary to Sallie Mae. I think I was paying them off at a rate of $3,000+ per month.