words of encouragement from an indebted graduate

It’s Thursday and you’re sitting at your corner office thinking about which student loan repay option would be best for you. The suggested monthly payment amount is $481.43. You think about how $481.43 is practically one week’s pay. There’s an option that allows you to input how much you can comfortably pay monthly. You type in $0.00.
You Google “deferment.” You Google “forbearance.” You don’t understand either term so you Google “deferment vs. forbearance.” You graduated from your big-name university six months ago and you’re currently struggling to stay afloat. You pay your rent on time. On the 15th of every month the payments for the car you only drive on the weekends, because you decided you wanted to work in New York City instead of being pragmatic, are taken out whether or not the funds are there. After paying for your Smartlink Card and half of your cable bill in hopes of keeping Comcast happy, you hope that you have enough money left over to go buy groceries. You’re living on a tight budget. Any event has the potential of being a costly event. Money is tight and the thought of having to pay $481.43 monthly to repay your education makes you regret ever getting an education.

To some, landing a job shortly after graduating sounds unrealistic. To others, landing a job [within your major] shortly after graduating is a blessing. You feel as though you have dodged the “9 months since I’ve graduated and I still can’t find a job” bullet.

You are defying all odds. Continue reading