Seeing the post about Pell Grants and student loans, on today of all days, kind of got me a bit. I started my morning with a call from the company that holds one of my private loans coming after me for a missed payment. Why did I miss this payment? Because I can’t afford their crazy interest only payments, and the company won’t let me change my payment plan in any way, and the payments go up to over $200 a month in a few months. I work 20 hours a week while doing 20 hours of school full time as well during the school year, and during the summer? I’m working close to 40 hour weeks, and this is for one $13,000 loan on interest only payments while in school.
If it weren’t for federal loans? I wouldn’t even be able to afford to go to school.
Thank you President Obama for looking out for all of us students, young and old, freshmen and seniors. For understanding that it is tough for us to get in, tough for us to find money, tough for us to graduate.