I've been out of college since December 2018. I completed 4.5 years at a private college in Massachusetts. I was the first of my parents and siblings to graduate college. I had little to no guidance when choosing a school or applying for loans, for example…I didn't know private schools cost more money. Now I am in $152,000 in student debt, ~26,000 federal and ~126,000 Sallie Mae. My gross income is 93,000 a year. I feel like I am never going to catch up. I feel like I am drowning.
I have 152k in student loan debt, and I only have my bachelors degree.
byu/tts333 inStudentLoans
Posted by tts333
3 Comments
do the 30-year payoff plan and buckle in
Second job, frugal living.
What’s the interest rate on the private loans? Refinance it to bring down the rate if it’s high. You may need to do it in chunks