My SO and I have $130k between us and if we get the IBR figured out, it might bring our total payment down to about $1200/mo which is not something we can afford. I’ve been laid off since Christmas and just started a job, so we’re $20k in the hole and haven’t been able to pay anything. Now I see my credit is taking hits. That hurts but again, no money. Oh well what’s 7 years.
Believe me I understand that we were sold a promise and the last 5 administrations did fuck all to ensure the economy was in a good place for us to reap the benefits. It sucks that there’s so many people like you in the same situation.
My SO and I have $130k between us and if we get the IBR figured out, it might bring our total payment down to about $1200/mo which is not something we can afford. I’ve been laid off since Christmas and just started a job, so we’re $20k in the hole and haven’t been able to pay anything. Now I see my credit is taking hits. That hurts but again, no money. Oh well what’s 7 years.
Believe me I understand that we were sold a promise and the last 5 administrations did fuck all to ensure the economy was in a good place for us to reap the benefits. It sucks that there’s so many people like you in the same situation.