Gertrude with her husband and two daughters.
Gertrude Pfaffenbach, 64
Westchester, NY

My goal was always to combine law and science, so after earning my Ph.D in immunology and working a few years as a research scientist, I went to law school.

I took loans out for law school and then we had two children who were going to be entering college. We decided to let them go for their dreams. They both went to very prestigious colleges -- Stanford and University of Wisconsin.

We were very happy to help them pay for their education, but it did require us taking out some loans. Between three people, we took out about $120,000.

I'm working as an attorney and I like my job, but most people in this field have had to take salary cuts -- myself included. While we're not in bad shape financially, this means I can't pay down the student loans as fast as I would have liked. It may take us another 5 to 10 years.

By Annalyn Censky @CNNMoney - Last updated July 24 2012: 4:48 PM ET
Find cheap(er) loans for college

You can get cheap student loan rates for college -- if you know where to look.

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.