An example of student loan problem.
I'm 32 and nearly $50,000 in college debt.
I feel like the whole educational system is a financial trap that many people do not know about. A lot of money is borrowed and used during the college years and when someone graduates and gets into the work force, they are starting their careers already in a sizeable debt that may take decades to payoff. I will embark on a journey of getting rid of this debt in the short term by using the techniques mentioned in this blog (Beatdebtfast.com). I look forward to this journey of being being student load and debt free and sharing my journey with this community. Below, I have attached my current student loans.
~~~~~~~~~~~~~~~~~Account Summary~~~~~~~~~~~~~~~~~
WELCOME
Close SectionTHINGS TO DO NOW
Robot with a clipboard
Set up text alerts. It's the easy way to stay informed about your loan payments and account status.
We've approved your income-driven repayment application. View the status of your application.
Upcoming Payments Auto Pay Icon $72.88 scheduled for November 21
Auto Pay Icon You're currently signed up for Auto Pay.
Total Great Lakes Balance $42,665.95 make a paymentFuture Payment Due
Stafford Loans – In repayment
U.S. DEPARTMENT OF EDUCATION (741577)
Auto Pay Icon $19.88 scheduled for November 21
Balance $11,620.84 account and loan details
Stafford Loans – In repayment
U.S. DEPARTMENT OF EDUCATION (798581)
Auto Pay Icon $53.00 scheduled for November 21
Balance $31,045.11 account and loan details
I feel like the whole educational system is a financial trap that many people do not know about. A lot of money is borrowed and used during the college years and when someone graduates and gets into the work force, they are starting their careers already in a sizeable debt that may take decades to payoff. I will embark on a journey of getting rid of this debt in the short term by using the techniques mentioned in this blog (Beatdebtfast.com). I look forward to this journey of being being student load and debt free and sharing my journey with this community. Below, I have attached my current student loans.
~~~~~~~~~~~~~~~~~Account Summary~~~~~~~~~~~~~~~~~
WELCOME
Close SectionTHINGS TO DO NOW
Robot with a clipboard
Set up text alerts. It's the easy way to stay informed about your loan payments and account status.
We've approved your income-driven repayment application. View the status of your application.
Upcoming Payments Auto Pay Icon $72.88 scheduled for November 21
Auto Pay Icon You're currently signed up for Auto Pay.
Total Great Lakes Balance $42,665.95 make a paymentFuture Payment Due
Stafford Loans – In repayment
U.S. DEPARTMENT OF EDUCATION (741577)
Auto Pay Icon $19.88 scheduled for November 21
Balance $11,620.84 account and loan details
Stafford Loans – In repayment
U.S. DEPARTMENT OF EDUCATION (798581)
Auto Pay Icon $53.00 scheduled for November 21
Balance $31,045.11 account and loan details
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