I posted here a couple weeks ago about my student debt situation back then I had about 32k in student debt but I just got my fafsa back for this year( I graduate this December and only have summer and fall semester left until graduation) and I got one of my scholarships taken away as I made slightly too much money so now instead of 32k at graduation I’m gonna have almost 44k I’m really freaking out, I have federal subsidized and a few federal unsibsodized loans with no private loans so only simple interest but I feel like I’m screwed now, I’m worried I’ve set myself up horribly and that somehow my life is over because of this
I’m sorry for the long post I’m just tweaked
More debt than previously thought
byu/LordOfShadowsss inStudentLoans
Posted by LordOfShadowsss
2 Comments
That’s not life ending, but it’s certainly a big set back. Hopefully you are working on a degree with good job prospects, the job market has been rough for the past few years. If you have the opportunity to live at home for a year or two you might be able to pay down the majority of the debt.
One way to help your future self is to at least pay the interest that’s accruing on the unsubsidized loans while you are in school