I will have $25,000 in federal student loans when I graduate. I need to borrow an additional $5,000 through a private lender to pay for an apartment during my senior year. I live about 75 miles from my university, so I could drive to school, but I would prefer to live there because I don't want to have to live with my parents. My monthly payments will be about $300. If I earn $45,000 per year when I graduate, I should be able to put an additional $500 per month towards my student loans. I believe I could have them paid off within four or five years. Has anyone else been in a similar situation? Do you think this plan is plausible?
Submitted May 08, 2017 at 07:01PM by socksarecool95 http://ift.tt/2qKHYr6
