Hello, I am a senior in college. I will be graduating this December with a Bachelors degree in Food Business Management. I have my Associates in Culinary Arts. I just looked over all my loans and realized I might be in over my head. My parents took out the Direct Plus loans for my associates degree then cosigned for the rest. Where do I even start? Should I consolidate anything? I was planning on staying in the state I am in but honestly moving home might be better for a bit but I feel like that is taking a step back. I defiantly do not come from money and even my parents are having a hard time financially but have a plan in place to get back on track by the next couple years. I really only have to worry about groceries, rent, and small things if living on own. I have a job now where I make around $200-$300 a weekend. I plan to work the other 5 days a week somewhere else after graduation and get a cheap room for rent in New York. Ideally hope to make around 2 thousands a month but I dont know if I can pull that off with rent and stuff then student loan payments which I imagine will be over a thousand a month in repayments. Like I don't regret anything I have done so far as life has been great and going well but this kind of makes me wish I went a different route.
Loans
Direct PLUS Loan for Parents - $26,776 @ 7.2%
Direct PLUS Loan for Parents - 32,443 @ 6.8%
SallieMae - $11,427.40 @ 10%
SallieMae - $24,218.52 @ 10.125%
SallieMae - $8,710.00 @ 10%
Direct Subsidized Loan - $3,500 @ 4.7%
Direct Subsidized Loan - $2,249 @ 4.7%
Direct Subsidized Loan - $4,500 @ 4.3%
Direct Unsubsidized Loan - $2,138 @ 4.3%
Direct Subsidized Loan - $4,500 @ 3.8%
Direct Unsubsidized Loan - $2,054 @ 3.8%
Direct Unsubsidized Loan - $5,134 @ 3.8%
Direct Subsidized Loan - $2,750 @ 3.8%
Direct Unsubsidized Loan - $1,008 @ 3.8%
Direct Unsubsidized Loan - $2,520 @ 3.8%
Submitted September 04, 2017 at 01:44AM by HotBehind http://ift.tt/2gCkbGm
