Hello everyone! I just wanted to lay down a situation and have others comment on what they believe would be the best way to combat the situation. Let's say a college student decides that they do not want to attend college anymore, but has already accumulated $27,000 in debt due to student loans. The student can acquire a full-time job at $14/hr (with opportunities to earn more and plenty of chances for overtime) at a place that has great benefits and does not need to live lavishly. They would just like a simple apartment and to be able to pay rent, pay for a car, and buy food. What would be your best plan of action to combat the crippling debt and best prepare for the future?
Thanks everyone, this situation isn't applicable to me but it can be applicable to others and I am curious about what the best plan of action would be (since I do not know much about finance myself).
Edit: I forgot to mention that the job scenario I gave was based off of a previous job I had, where unlimited OT was available.
Submitted July 01, 2019 at 08:09PM by Cheesedip45 https://ift.tt/2NqJJq1
