Ask Terry Questions Student Loan Debt

Student Loan Debt

By Terry Savage on February 15, 2021 | College Savings / Student Loans

My daughter is finishing Pharmacy School in May and has $200000 in Federal Student Loan Debt. Is that amount outrageous?

Terry Says

Not if she starts out making $150,000 a year, lives at home and doesn’t buy any clothes!! I’m serious! didn’t anyone consider this before?? The interest on these loans will bury her! So start paying down the principal as fast as possible.

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