My wife and I took out a parent student loan to help my 28-year-old son with his education several years ago.
He has since graduated from Sacramento State with a Bachelor’s Degree in Music
I’ll be honest, when he told us he wanted a music degree, I was worried about his future.
Will he be able to find work? Will he make enough money to survive? Those were just a few of the questions that popped into my head. Well, I guess we did something right because he has been committed to working in music. He was recently hired as a Stage Manager for a local Symphony.
He loves the job, but alas, it’s only part-time and not enough to pay the bills. He recently lost his apartment and moved in with a friend to save money. Unfortunately, we live a bit too far for him to have moved back home with us. When he’s not working at the symphony, he is working as a front desk clerk for a hotel. He is barely scraping by. We help with as much as we can, but we’re not always in a position to be able to do so.
We are a one-income family and still have my 24-year-old daughter at home with us. (thankfully, with no student loans).
After losing our home in 2011, and filing for Bankruptcy in 2013, we rented a house for 9 years. Thankfully, in 2020, we were in a position to buy a home.
The Year 2020. Ring a bell? Yup, The COVID-19 pandemic.
COVID really took its toll on us but we managed to persevere. The one good thing from the pandemic was the hold on Student Loan payments.
Back to the Student Loan…
All in all, my wife and I owe $38,000 for the loans we took out for my son.
The payments started in October of 2023 at just under $500 per month. That was a shock.
Not everyone has an extra $500 lying around per month. I know we didn’t. We’ve been cutting back on a lot of expenses to try and make the payments. Lots of simple ground beef and chicken meals to cut costs!
My wife and I are looking for any extra work, but it’s not been easy.
We do carry additional financial obligations apart from the Student Loan, and I could have requested additional funds to address those as well. But that would be greedy. We’d be content with some help on the Student Loan.
Before this Student Loan payment began, we were getting by. Barely, but getting by enough to keep the bill collectors away.
So that’s our story. We’re just a mom and dad who are looking for help with the loan we took out for our son’s education. An education that he’s using, which is what any parent would hope for.
Any amount will be appreciated and go directly to the loan.
Thanks for reading and God Bless
Here is the link to help: PayPal.Me/DannyResendes