for context, I went to community college between the years of 2021-2023

    and I could not pass any of the required classes for any degree, math, science, english, I just could not pass them, then i went through a rough time, I lost my job and my dog died that year so after my final semester I did there I quit

    I did not register for anymore classes

    I was done

    and then I got a new job the next year at target for a winter season, then last year I got a new job at a local restaurant

    this whole time, I completely forgot about my student loans and my loan servicer

    and they threatened me (at least that's how I put it) saying they'd mark me as delinquent, so i called them and at the time I had no income, no job for months, no government assistance at all, so they put me in a ibr program which still stands till sometime later this year.

    so now I am freaking out thinking. How the heck am I going to pay all this back with what i make in my restaurant job?

    I fear it may get to the point where they try to send some debt collectors to my house and they forcibly take away my property to sell off to pay my loans

    Which I will never let any debt collector into my house, ever

    I should have never let my parents convince me to go to college and get myself into debt, while we are considered lower middle class

    we barely make enough to keep the house and pay bills, partial payments or not.

    this stresses me out so much, and I recently had jaw surgery too, so i am off of work for 6 weeks to recover till i return.

    I have no idea what to do at this point, what do i do at this point?

    ask my family for assistance? I can't do that to them, its not fair to jeopardize my father's retirement to save my butt from debt collectors

    I will not do that to him

    nor will I sell my computer I need it for important stuff.

    any suggestions or anything to put my mind at ease would be much appreciated, thank you all

    and have a pleasant day

    How do i pay back the 10,000+ i have in studen loan debt when I only make tops 5-600 a week from a restaurant job?
    byu/Nickinator811 inStudentLoans



    Posted by Nickinator811

    2 Comments

    1. potatosouperman on

      Are you currently on IBR? You can just stay on IBR for many years and your payments will be very small if that’s your income.

      If you’re asking how to actually pay it all off, you would need to find a way to make more money so you could afford to pay it. There’s no way around that.

      Also, you don’t have to worry about debt collectors coming to your house or taking your property for federal loans. That would never happen. But if you just stop paying them you’ll eventually go into default and they can garnish your wages or take your tax refund. So don’t do that.

    2. BluebirdDull2609 on

      Dude, 10k? You got this. $500-$600 take home a week, that’s about 35k gross income. Costco cashiers make $22 starting pay, that’s 45k gross income. That move alone you could pay off loan in a year, and good benefits. That’s just one example as well. Plenty of $20+ an hour entry level jobs. Or even work your way up to bartender and pick up every shift you can.

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