I just wanted to share some exciting news!
I spent about 8 years paying the minimum on my loans holding out for the Public Service Loan Repayment. I mostly paid interest for that time, banking on the loan repayment program to eventually swoop in and cancel my debt because I've worked in non-profits with homeless and drug addicted populations for the last almost 9 years.
Well we all now know that repayment program is a government scam and has only approved 95 people out of the 33,000 people that have applied, so I started diligently hustling to throw every cent I can at my loans and as of this month, I'm below $10,000! It's not the biggest milestone, but 4-digit debt versus 5-digit debt is so exciting!!!
To get to this place I've worked 1-2 extra jobs (canvassing, working nights at a homeless shelter), sold art designs online (only about $300 a month but it helps), stopped eating out and buying coffees, selling stuff (like the Apple Watch I almost never used) and asked for (and GOT!) a raise at my job.
I actually just got hired for a seasonal job through the holidays, and 100% of that paycheck will go towards my loans until I'm DONE! Thanks to this sub and others for the information and support!
November 15, 2018 at 12:48PM
