How much student loan debt do you have? I'm now at about $32K left, but started at $250K. There was a time when it peaked and got up to about $300K before it then slowly went down over the last 15 years. I’m hoping to be done within the next two years. Where are you at in your journey?

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I’ve been chipping away at this mountain for over a decade and a half. At one point, interest and life chaos ballooned it to over $300K (thanks, capitalism). Aggressive payments when possible, side hustles, and a lot of ramen dinners. I’ve thrown every windfall (tax returns, bonuses, random $20 found in a coat pocket) at it.

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Around 60k, I have had a lot of ups and downs during repayment. I have a couple of loans with higher interest rates. Trying to pay those down and then consolidate. Need the extra money though to handle it and that has been really hard to come by lately!

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Congratulations - that is an incredible accomplishment. You are so close!

I have likely paid >$300K across 17 years. It’s hard to even know exactly how much I’ve paid since I was making minimum payments for so long, forbearance, etc. I had a goal of paying my loans off before giving birth to my second child. I paid my loans off in August 2024. I had my child in September 2024. :)

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I don’t know because interest keeps climbing and I stopped checking about this time two years ago I had $260,000 in student loan debt and I don’t think I’ve made much of dented in it and I’m sure interest is taking me over to $300,000 limit by now so I just assume looking at my balance would depress me

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Additional Posts in Student Loans

SOFI or who else?

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

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Does having student loans impact your ability to get a mortgage?

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If you could go back in time what would you tell yourself before taking out student loans?

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Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

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If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

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Are you doing what you thought you would be when you took out your student loans? If so, do you feel like taking out your loans was worth it?

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In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

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I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

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Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

Damn LIBOR rate up again...

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