I was wondering if you all would be willing to share the student loan debt you have and what your month payments are?
I graduate in 2022 and I’ll be around $200k in debt. With the hourly rates for new-grads decreasing and averages around 30 hours/week, I’m becoming more worried about my ability to make monthly payments to my loan once I graduate.
Have you all been able to live comfortably on your salary while also paying back loans?
I also will be graduating in 2022. I am an extreme outlier, but I will graduate with no debt. My original plan was join the military and my end occupational specialty was being a pharmacy tech. I would collect income while working some years and then transition over to pharmacy school while being under IRR (Inactive Ready Reserve) while joining an accelerated program. Once graduated, commission over in the armed forces as a pharmacist and finish my service to retirement.
Instead, I ended up joining the army, was foolish and got hurt, and now medically retired with something very similar to the GI Bill that now covers housing and tuition costs. I am by no means pushing the agenda to go serve as that is a personal choice with its own benefits and disadvantages. However, if I was in your shoes, and the primary choice of paying everything off quickly seems a bit daunting, I would highly suggest to consider IHS or VA positions while being on PSLF plan and have your federal loans forgiven after 10 years of work. This also covers other types of 501c3 - federal jobs as a pharmacist.
If you wish (and by all means you do not have to) the VA has an application form that gives a scholarship that covers remaining student costs in exchange for minimum 2-years of work at the VA. Below is an example link earlier this cycle:
VA Health Professional Scholarships
It is a bit competitive but is also targeted to current students. If anything its better to at least consider and potentially having any future debt taken care of. Plus its a good start to a CV with a guaranteed job placement at graduation (should you be considered).
Similar programs exist as well beyond the VA but just something to consider since your halfway through school. Good luck