Quote From: amiga1975Anyone have student loan debt? I graduated college last year, and I have had my loans deferred for about a year. I am so worried about this debt. according to them its going to take 25 years to pay it off, by that time i'll have paid over 50,000
i have alot of loans, I did not realize it was so high, and now, i can't even find a good job with my degree. (business administration) ( i live in a small place) i just dont know what to do, its overwhelming to think about.
any advice would be helpful
thank you
I purchased another of Suze Orman's books: THE LAWS OF MONEY, THE LESSONS OF LIFE. On pages 108-109 she discusses Student Loans and says that if you have a couple, you should consolidate them.
I was doing the 9 Steps to Financial Freedom and just couldn't move into Step 4 (wills & stuff) - so today, I saw this book for $6 and bought it. I just have way too many FEARS and I'm still working on getting a good handle on what my monthly spending is. It's like, I can only do it for a little while and then burn out.
Check to see if your local library has the book -- she even suggests a company you can contact to consolidate your other bills as well. For me, I'm trying to raise my credit score up -- I can't believe how low it has become! I went from the 600's to the 400's in a couple of months.
M
