Reply to I know why Millenials can't afford houses and pay off their student loans..

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

I didn't do 2 years at NOVA because I'm not from around here (moved here for work because I found a job here - after[b] LAW SCHOOL[/b]) I had zero debt after undergrad, because my boomer parents saved and paid for my state school education. After [b]law school[/b] I was supposed to be able to find a good job that would pay back the loans. That didn't happen because a bunch of idiots allowed the housing market to crash and take the economy with it. I got pregnant during school and (GASP chose not to have an abortion) and became a single mom. I'm taking responsibility for my actions - and using all of the avenues available to me to do it. (I was also on food stamps and medicaid and WIC while I was in school and immediately after, in case you really want to get mad about how much I abused your tax payer dollars)

To the next person, the [b]interest rate [/b]didn't double, the [b]balance on the loan[/b] did. I can't pay the interest on the loan, so the debt keeps increasing. My income was so low that I can barely make payments. What I do pay is always on time however, and qualifies for PSLF. So I'll be out of student debt in 5 years on your tax payer dollars. While raising a child, and owning my own home. [/quote]

I thought you could negotiate school loan payments.

I find it hard to believe that you are blaming the economy for job issues.  You couldn't find an entry level job (paralegal for instance) at any law firm?

Also, community colleges exist all over the United States.  Someone was using NVCC as an example because most people on this site are from the DC area.

I googled PSLF and found this: https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/public-service 
So, you made 10 years of payments first?[/quote]

(I had to cut the quote string, it was getting unwieldy) Law firms where I went to school generally wouldn't hire lawyers as paralegals - we have slightly different skill sets, and they know lawyers won't stay on for long. And I applied for well over 100 jobs (of all kinds) before I got hired to do research here in the DC area. I did some document review while applying for jobs, but that was unstable and unpredictable, and didn't develop a real skill set that I could use to get a better job - not to mention it didn't pay very well. (I also attended a community college for a year during high school to get some gen eds out of the way, but again, my parents paid for my undergrad degree)

I have 5 more years of payments to make to qualify for PSLF, I've made 5 years of qualifying payments already. I will stay in public service until then, and then will make a decision on what to do next.[/quote]

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