When you get a loan to go to school, you don’t think about it much. I know I didn’t. I was happy to have the opportunity to go to university and teacher’s college. I love my job and would never think about going back and doing things differently. Truth is, I really needed those loans or I wouldn’t have been able to get through school and realize my career.
Yet, here I am all these years later and I am still in debt. I just checked the status of my student loans and was shocked to see that I still owe thousands and thousands of dollars. I am accumulating a ridiculous amount of daily interest compounded at a crazy rate. I thought student loans were supposed to be good.
It’s sad to know that I won’t have these loans paid off for quite some time. I am managing the monthly payments just fine. I guess this is the price of an education. Don’t get me wrong; it was worth it. I love my job. I just can’t believe that is actually costs me over four dollars a day for this career for the next 84 months. Wow! Who knew? The rate of interest is 8.7% too. Doesn’t this seem like a lot of money for someone just to go to school?
We need to do something about this. It doesn’t seem right. And school seems to be getting more expensive every year as well. I hope people will still be able to go in the future. I think it is important and everyone who wants to go on to further education should have the right and opportunity to go. It shouldn’t come down to money. That is my bottom line.