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Reply to "Does anyone else owe a TON in student loans?"
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[quote=Anonymous]15:01 again. I love all the posts from people who owe $10-20k and thought that was a lot. Yes, $300k+ in student loans is essentially a second mortgage. Actually, it's worse than that. Just paying the [i]interest[/i] on our student loans is almost as much as our mortgage payment on a $250k townhouse. Hence why we are in a townhouse instead of a SFH. Once we actually start paying down the principal on all of them, our student loan payments will be about twice our mortgage payment. It's so insanely bad that you just have to let it go. I could drown in my regret, but what would that accomplish? The only way I can make those loans go away is to die, and my kids need me. Anyway, OP, you are not alone. [/quote]
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