Reddit Student Loans

Does your debt ever feel overbearing, or that you’ll never pay it off?

I graduated culinary school 4 years ago, relying on student loans exclusively to cover them. I still owe $10k, my mom’s parent plus loan is at 24k, I’m trying to help her pay it because she’s still taking care of my 3 siblings, one of whom is going to college this fall. Her income driven repayment plan puts it at $0/ month, and I try to put about $100 towards it every month but the interest just keeps accruing. In addition to all of that, my partner and I had to buy a new car last August, and we still owe $12k on that. I still owe about $2k in credit card debt as well.

I make $47k a year as a sous chef, which is pretty good for the industry I’m in, but I’ve been spending the past 4 years trying to pay all this off and it feels like I’ve barely made a dent. I know 4 years isn’t very long, and I know I can’t expect all my loans and debt to disappear overnight, but sometimes the numbers feel so ominous that I wish they would.

I’m not in a financially bad place. I’m happy with my job, my home, and I’m not living paycheck to paycheck. My credit score is good, and I’ve never made a late payment on any of my accounts. Stressing out about this shouldn’t even be an issue for me, really. I’m not really looking for answers for anything in particular, I guess I just want to know if anyone feels the same way.

Does your debt ever feel overbearing, or that you’ll never pay it off? – RobinHood – Reddit Feed


View Reddit by haliesiobhanView Source

discover student loans
student loan calculator
student loan login
private student loans
student loan payment
reddit student loan forgiveness
student loan nightmare stories
reddit pslf




sallie mae
myfedloan
discover student loans
student loan forgiveness
average credit card debt
average student loan interest rate
best way to pay off student loans
best private student loans reddit
average student loan debt by age

About the author

reddit personal finance

Leave a Comment