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[quote=Anonymous][quote=Anonymous]My DH, who has been out of work for a while and has no prospects (a separate issue I know but we no longer have daycare expenses), has student loans coming due and cannot seek a further forbearance.  That will add about $1,800 to our monthly expenses.  Based on my income (take home of about $6,000 after 401K, insurance, etc.), we can only cover about half of that and still live as we do.  We aren't extravagant by any means - I mean lattes from Starbucks, clothes when we need them, toys for the kids, fast food meals out a couple of times a week.  Is there any way to make up this much money with day-to-day cuts?[/quote]

At least do the income contingent or income based repayment plan (IBR or ICR).  Talk to a direct loans person at ed.gov.

If he worked 3 nites a week and every saturday, that could be like $800/month right there.  At the very least.  He can try working for an answering service - they pay well.

Cancel cable - save yourself $130/month.

Stop eating out/no starbucks/no clothes shopping - this could save you $300/month.

Eat beans&rice or pasta 3 times a week and only buy chicken when on sale and freeze it.[/quote]

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