When I was 18, I was desperate to leave a living situation I was in, and although I don’t wanna get into that too much, I ended up taking a total of 120k, which is now about 20k more i think, to go to a private school.
I got a degree in the only thing I thought I was passionate enough about to not go insane doing forever: Animation. Being in school was disheartening, with people around me being much more dedicated, skilled, and less in debt than me.
By graduation, my skills are mediocre at best, and the industry has not been welcoming or easy to break into for me, unlike my peers. I am currently fully unemployed.
After a year, Sallie Mae came knocking and everything has really hit the fan. My uncle cosigned for me as he seemed to believe in my potential in some way, which has proven to not be great I suppose.
As things are now, my father has been aiding me in making interest payments on the loans, which is about $1870 every month. All four loans i took out for college are private, and they had to be for me to be able to go. (Dont wanna get into why.)
Anyways to make ends meet with only my occasional freelancing money I’ve ended up being late on many payments even with my father’s help, which has all led me to this month. I have 0 money in any and all accounts, Sallie Mae calling nonstop, and no way to even make rent in 3 days let alone loans.
My interest rates are all over 11%, i’m bleeding my father dry, Sallie Mae will not budge, and the depression from all of this has caused me to develop several chronic health issues too including high blood pressure and even prediabetes at only 24 years old.
It’s really starting to feel like it’s all over for me and I don’t know what to do to make this all stop except for ending it. I have no skill, a useless degree, a rising $140k in private debt, no energy or drive to even move, and no prospects.