Student loans are nasty little buggers that entice naive college students with the promise of education and riches. Ok, maybe not riches. Definitely not riches. I hate to admit it, but I was one of those naive college students. Despite college scholarships (lost from changing majors) and working throughout school, I depended on student loans to get me through college. I was one of the lucky ones that fell in the “out of luck” bracket of having too much money to get financial aid and not enough money to pay for school.
I attended a state university for my undergraduate degree (Psychology). I worked 20+ hours each semester, and for 8 out of 9 semesters, I earned a 4.00 GPA. You think with that kind of setup, I would have sailed through college with minimal debt. Ha!
I then attended the same state university for my graduate degrees (Masters of Education in Counseling and Human Services & Education Specialist). I again worked 20+ hours per week and maintained a high GPA.
$83,762 in Student Loan Debt
How does that happen?
Tuition, Fees, Living Expenses, Travel Expenses, Unexpected Expenses, More Expenses, Additional Expenses. Part of me believes college is a huge scam to make Universities and Loan Companies filthy rich.
So where am I now?
I’m working on obtaining a School Counseling position, which will pay an amazing $30,000/year before taxes. I’m currently finishing up my graduate degree and working too many hours (helping individuals with mental illnesses).
What’s the solution?
Aside from tight budgeting, working extra jobs, delaying starting a family, fearing my 18 year-old car will break down, and only dreaming about buying a house – this is it. The solutions we have right now are painful. I’m praying I can use my talent, education, and experience to not only help individuals I work with each day, but reach thousands of more through this blog.
What’s the Student Loan Experiment?
How many readers will make a small donation for the content they read here? Will it ever be enough to pay off that huge student loan while I’m busy trying to make the world a better place? THAT is the experiment.
How can I help?
I appreciate you asking that! Feel free to make a safe and secure donation through PayPal HERE.
Thank You For Joining in my Fight Against Student Loans!
Amount Raised so Far: $16.00