
Originally Posted by
Veronica
And yeah I finished school and my teaching credential owing a lot of money. I don't know why it's too hard for 20 somethings now to deal with that. That's life... We were paying off our debt into our early 30s.
Veronica
Salaries don't even cover student loan payments any more. That's the result of the combination of the increase in loan interest, the decrease in grant money, and the decrease in real wages.
I did a refinancing and got (I think two) extensions, lived very modestly, and still the only reason my loans were paid off before I was 45 was because my second husband helped me out.
It's no wonder educated women defer motherhood... they have to pay off their loans first...
Speed comes from what you put behind you. - Judi Ketteler