Money Matters
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Re: Anyone else in serious debt ?
I graduated college 4 years ago with a bachelors degree. I have 109k in student loans and just my salary is 47k. thats right - more then double my salary. I could probably make an additional 10k with a different company as i am underpaid - but the flexible hours and my awesome boss and coworkers make it worth it to me. My hapiness and my sanity are very important. My husband makes 32k and is underpaid - he was making 47k 3 years ago and has gone down ever since after being laid off twice. So he also works a second part time job which he loves. DH only has a two year degree and his parents paid so no student loans from him - thank god!
In college, My parents had no money to help so every single expense went on student loans including my laptop and all my books and there was a semester or two where i took out an extra 2k to pay back other money i had borrowed from people. I also grew up in a more expensive state so tuition was slightly higher even in state schools. First year i stayed on campus at a state school. I hated it. That loan is about 28k now for just that one year. The next semester I transfered to my dream college (private university) trying to get my dream job and still lived on campus.... Only to discover i hated the school and the field and i didn't want that "dream job". That one semesters loan is at about 26k After that i finally transferred to a nearby state school and lived at home.... About 6 months later I met my husband and discovered my real dream job field - which ofcourse doesn't even require a 4 year degree for - but at that point i was too far in to turn back. Then the day after graduation i moved out of state with him and got my current job which with my starting salary the minimum loan payments even were impossible so they got deferred and kept earning interest for another 2-3 years. Which at 8% gained me another 15k in debt - awesome.
I was a walking financial mistake. No 18 year old should be allowed to make that kind of decision - i had no idea what i wanted or what i was doing and right now thats about a 50k mistake. If i would have just commuted and went to the school i graduated from after HS - I would only have about 60k in debt which would be SO much more manageable.
KatieCutie05:
I can totally relate to having loans from a school/major that you didn't like and feel like it was a complete waste of time and money, so frustrating! Just try to stay focused on the future and how amazing it will be when the loans are paid off..eventually. My husband doesn't have loans either(he's in the after market car customization field) and reading everyone's responses made me think about that and be incredibly grateful.