Are you trying to decide if going to college is the right choice for you? If so, you are more than likely concerned about how much money you are going to have to pay. The fact of the matter is that paying for college can be an expensive endeavor. This leads many people to contemplate the question, “Is it worth going to college?” While you may know the answer to this question, others struggle with it time after time.

Most people think of the start of a new year as an opportunity to start over and do things right. This is hard to imagine when you have a ton of debt.

I decided to site down today and figure out how much debt I have and to begin thinking about how I might change it.

There is no gray area with economic hardship deferments. If you are employed you can get an economic hardship deferment if your student loan payment is over 20% of your monthly income.

I owe $680 dollars a month in student loans. I make $3,500 a month. So you see, I make $2400 a year too much to qualify for an economic hardship deferment.

In fact , I would be better off by taking a pay cut for a year.

This much I understand , even though I could rant about cost of living differences and how this much money in Atlanta is nothing! But lets leave that.