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spwrozek
Sep 4, 2006

Sail when it's windy

oxsnard posted:

Not sure why everyone is fixated on rent. $1100 isn't that much for any decent sized city. Where do you live OP?

I believe he said Colorado springs. Not sure the rent situation there but in Denver 1100 for two people anywhere near downtown would be middle of the road at best. I don't think his rent is the issue.

Personally he needs to make more money. It is going to be the only way to really put a dent in loans odd that size.

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spwrozek
Sep 4, 2006

Sail when it's windy

To be debt free in 4 years he would need to pay $2395/mo (assuming average interest rate of 4.5%). Which gives him $1200/mo to live on currently. He would need drastic lifestyle changes to make that happen.

spwrozek
Sep 4, 2006

Sail when it's windy

You are worrying about your employer closing so you want an emergency buffer... And they are paying for you to get a masters... Do you see the problem with this? Get a months bills in savings and then dump everything you can into the loans.

spwrozek
Sep 4, 2006

Sail when it's windy

How did the last three months go? Did you lose the game of loans?

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