Reply to Does anyone else owe a TON in student loans?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]300k here. I have nightmares about it! It is the same amount as our home loan. We hope to pay for it during 10 years and then have  it forgiven.[/quote]

OP here.  I have nightmares about it too!  Sometimes I can't get to sleep because I feel so stressed about them.  We're trying to pay them down, higher interest rate loans first.  Neither one of us works for the govt.  To answer other PP - one [b]Dr. and one lawyer[/b].[/quote]

With your high earning careers, don't you think you'll be able to pay it off quickly?[/quote]

It depends on what you consider quickly.  It's YEARS even at our salaries.  We're paying about 2000/month in INTEREST ONLY.  Of course, we're paying more than interest, but because some of the loans are fixed at 8.5%, it is going to take a long time, even making a large payment every month.  400,000 is just a TON of money.[/quote]

Your story is so touching and, it will be difficult, but I will do my best to shed a 1.5 tear from each eye every day for you.

I wish I knew your name and the name of your MD DH so I could be absolutely certain that I would never have a legal or medical consultation with two people so galactically stupid as to put themselves in this kind of debt.  Of course, the loan officers at the lending institutions who approved these loans should also be fired.[/quote]

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