Why are all my latest entries about money? Cause I don't have any.

Jul 20, 2006 09:19

Ok, so I am having MAJOR money anxieties. Does anyone else feel completely nerved out about their college loans?! Sometimes I feel like I'll never, ever be out of debt, which is completely frightening. I make these huge payments and they barely make a dent. They're just a drop in the huge, accumulating money bucket. I tell myself I need to ( Read more... )

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I second that... ryinjnm03 July 20 2006, 19:19:31 UTC
I completely and totally understand what you are saying....I wish I could say that it gets better as you get farther from college but it doesn't. You either end up renting a place that is more expensive or finally kick the bucket and buy a house, then your car that got you all through college finally dies and you need a new one, yada yada yada yada.

Right now I have debt from 2 degrees and could be making twice what I am making right now if I was living somewhere else but I am stuck in Savannah, Georgia while my BF finishs his MFA, (more debt). I don't sleep many nights worrying about how to pay all of our bills.....but alas in the end they all get paid somehow. I think that honestly you never really get out of debt but you get used to it and realize that debt is the american way. Hopefully soon you will be making enough money to pay your debt and still have stuff leftover, then it won't be so bad.

One piece of advice I do have if you haven't done it already is to consolidate your loans and try to get a better interest rate, you can also choose different payment options so you might not be paying as much right now. You can also put in for a forebearance for a year while money is tight and then maybe you can save some money in this first year and feel better about it when you have to start paying it back again in a year.

Hope that helps...you are not alone!

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