I like many others have what seems to be insurmountable student loan debt. I graduated college in 2001. I went to a for profit college, that promised a degree. Well I did get my degree, but I cannot transfer any credits anywhere. So although I can say I have a degree in computer networking, it is pretty much useless. That college was sued for lending money to people like me, but I missed the boat on that one. I found out years after the fact.
I racked up over 40k in student loan debt, and over the years, it did default once. I have since recovered, after a year of garnishment. Although I am currently behind, I am not in default. Yet..
I am a single person, and have never been married, so I only have my income to work with, which is not a lot. I have been in the medical field for approximately 17 years. Starting as a Paramedic on an ambulance, now I work in an emergency room. Although people think Paramedics get paid good, some do, some don’t. I fall in the some don’t category. I make less than 40k a year, I have a mortgage, car payment, insurance, and all the other bills that come with living alone.
Those who know, choose each pay period, which bills to pay and which to put on hold till next payday. Its very exhausting.
Although I do have a car payment, I am currently consigning it at a car lot, so I can save an extra 400 a month without the car or insurance payments once it sells. But until then I still am paying.
I can squeak by on my pay with out the student debt looming over me, those government sorts are mean, if they want their money they will get it without regard for the borrower.
Thanks for reading and thank anyone in advance who can help.