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Try an IDR plan. These plans are like financial chameleons, adjusting your monthly payments based on your income. So even if your wallet feels emptier than a college cafeteria after closing time, you can still make manageable payments.
I have done a few of those. And right now have a new pending IDR which I applied for 2 days ago. I paid off my bachelors on my own before hitting 30. At that time I felt so proud of myself. I’ve never relied on my family to support me financially. I got my masters degree 16 years after my bachelors - thinking I’d be able to leave the insurance world and never look back. I was doing grad school all thru covid which ruined a lot of things on my end and so, here we are post covid and political and economic issues… I don’t have much money and it makes me really depressed 😔
Are these federal loans? Do you qualify for any of the repayment plans? The country is too conservative, vote for people that’ll share your concerns about the student debt crisis.
Yes I am aware. I’ve used the simulator and it’s still BS. I still can’t afford what they want on a monthly basis.