Student Loans/What have you done?

[Prop2Jet]

i am going to buy my airline and fire everyone and then sell it ! Just for the joy of ruining their lives!!!!!

 

[JediNein]

Federal loans also have a income contingent plan. If they aren't paid off in 20 years, the balance is forgiven.

Go to grad school, take out the max subsized grad loan at the low interest rate, use the excess to pay off the private loans, consolidate, income contingent payment plan, talk to the pros once your income exceeds expenses.

 

[BobbyBiplane]

I paid them like I agreed when I took them out.

 

[Skaff]

I would NOT recommend enrolling in more school. Not only will your interest still keep building and building, but you will be adding more debt on top of that.

What I did was defer my loans for the first six months. Save as much as you can during the first six months, then you should be able to pay off your normal minimum payment for the second six months. Hopefully you chose a company that the 2nd year pay is good enough where you can live like a normal human being. If you need to you defer the loans for the entire first year you can do that too, just remember that the interest keeps accuring every month, and every month you defer means that it will take you longer to pay them off.

You can never have too much education. Plus, depending on your type of federal loans, you will not accrue interest while your in school.\