Heavy to wear, the burden of the bank loan to finance one’s studies can have an impact on entry into the world of work. Shopping
To finance their studies, Jean-Charles Stragier, Sabrina Bouzourene and Clémence Labrunie all took out a student loan. Jean-Charles borrowed 19,000 euros: “16,000 euros for my master 2 in Skema and 3,000 euros for housing. ” To finance ESC Dijon, Sabrina had also asked for a loan: ” I also got a merit scholarship that covered 21,000 euros in fees. So I kept 12,000 euros loan for housing, license, computer, can go to Erasmus … ” Finally, for his master at ESCP Europe, Clemence asked 40 000 euros, ” 22 000 euros for the school, 18,000 euros for ancillary costs “.
Now all three employees, they recognize that the loan has had an impact on their entry into the world of work. The loan must, indeed, be settled after five years. “In my job search, I sorted by salary level, recognizes Jean-Charles, who reimburses 375 euros per month. I also eliminated the possibility of going to work in Paris … “
Sword of Damocles or sting?
Sabrina, she asked for a deferral of reimbursement – 238 euros monthly – a year. Having difficulty finding a job in her sector – cultural management – she saw the deadline arrive with anxiety. “I accumulated odd jobs: sales clerk, waitress, and I even worked in the accounting department of a taxi company! “Today CDI for a year, she breathes,” I have finished paying in 2018. “Clemence also requested a postponement. She will only pay 700 euros a month from 2019. But, “be anxious” , she is already starting to put money aside. “This loan gave me wings and cut them off at the same time,” she says.
Is the student loan a sword of Damocles? Jean-Charles sees a salutary sting: “Yes, there is pressure, but at 25, I feel very empowered. ” Clemence even believes that the loan has boosted its ambitions: ” I might not have gone to get my current job if I had not had that pressure shot … “
A special file to know everything about engineering schools
Find our special file dedicated to engineering schools, published gradually on our site (heading engineering schools) and in a supplement of 12 pages published in “Le Monde” dated Thursday, November 24, with decryptions, reports in the schools as well as testimonials.