My husband and I are drowning in student loan debt. We have acquired $134,000 in debt, and we struggle every single day to make our payments. I graduated in 2008 with a Master's Degree in Literacy Education, and I have been a Reading Specialist for children in Kindergarten-Grade 5 for the past 3 years. My husband works in the Information Technology field.
We have a 21-month-old son named Cole, and it breaks my heart every day to know that we aren't saving for his future in any way. Our student loan payments are $1200 a month, and we have had to put some into forbearance just to be able to live our every day lives. Those forbearance options, however, are running out, and the anxiety I feel over that is overwhelming. We picked up our entire lives and moved from New York to North Carolina for the opportunity to make more money. Our families are back in New York and we miss them so much every day, but we made the move so that we could create a better life for ourselves. They are missing out on seeing our son grow up because of student loan debt. Even after moving, we continue to struggle.
I don't want to say that I regret going to college, but some days I feel like I made a terrible decision. I have friends and family who never went to college, and they are in a better financial position than my husband and I. I wanted to make my life better and get an education that would allow me to have a comfortable life, where I could do fun things with my family and not worry about if we were going to have money for groceries that week. I was a young, naive child who believed the advisors and guidance counselors when they told me that student loans were completely fine. "Take out as much as you need!" they would say. I didn't realize what I was doing to my future.
We take full responsibility for this horrible debt that we are in, but we also realize that without help, we will struggle for the next 20-25 years. We know that there are people out there that are able and willing to help people like us.
Every single penny that is donated will go directly to our student loan debt. No amount is too small. Thank you so much for taking the time to read our story!