January Student Loan Payoff Update | Higher Education is Not Affordable

[@the_personna]

I paid off my loans last month as a Christmas gift to myself. Because I didn't wanna prematurely celebrate until I see the proof, I got my confirmation email earlier this month 🎉🎉🎉 my mom told me to print it so she can frame my achievement

[@bigelowkaryn]

Congrats!

[@the_personna]

@@bigelowkaryn Thank you ❤️

[@forthdimension686]

Boo 🍅

[@50gramsof]

Paid off my student loans this month!

[@arnettrabaker4872]

Congratulations! That’s an amazing accomplishment!

[@amaccro197]

I paid off my student loans this month 🎉

[@jackiemartin7276]

That's awesome!!

[@babetheebuilder5823]

Woah, that green is really your color!

[@Scriven42]

And the knitting pattern is awesome.

[@OhHeyyyThere]

Yesss the sweater the hair and the earrings!!

[@michelenewilkerson3776]

The retirement fund, the investments, the vacations that could have been had 😭😭😭. Jesus fix it.

[@marcusvision]

I just seen a reddit post of someone showing a sally mae application for $45k at 13% and by the end of the loan they'd paid 151k total.... it's like emergency loan predatory out here.

[@kristenw9995]

I was led astray at the age of 18 and at 34 still dealing with the student loans that I did not realize I even signed up for! It's quite ridiculous and sad, but I learned from it and my kids will not do the same!

[@jeremyd5850]

I have 120k in student loans ( Bachelors, MBA and DBA). I recently lost my job so I applied for forgiveness and should be hearing back. I heard I wouldn’t get anything but let’s hope

[@nikkisouthernbelle8820]

I’m rooting for you. Fingers crossed!!!

[@jackiemartin7276]

This is my payoff year, I'm manifesting it (and planning it by the numbers)!

[@sydlaw2941]

SAME!! If all goes well I will be done by the last paycheck in December.

[@sheshe314]

I have 70k left in federal std loans but I’m getting momentum from paying off my private loan. It was 12k 8/23, now it’s about 3400. Want to be done with it by March

[@keakoma7349]

Planning to pay off my student loans this year!

[@donkayiagraham899]

It's the trifling cents for me😂 love your content. Yes, we need a group crying session

[@nikkisouthernbelle8820]

My January has been alright. My student loans are still under review for income based payments. I’m hoping they grant me the lower payment.

[@AllegedlyStephanie]

Fingers crossed for the lower payment for you 💛

[@v.velarde3694]

Out of curiosity,, is your annual salary under 80k? I am debating if its even worth me signing up because what I pay now seems like it would be lower than the IBR.

[@nikkisouthernbelle8820]

@@v.velarde3694 yes and I work for a nonprofit. So I’m waiting for them to count my payments towards PSLF. I’m hoping to get lower payments so I can get these loans off of my back soon.

[@kathrynjohansen4452]

​@WinenChill Have you looked into legal consulting charging people to review cases/ contracts that aren't yours but you could charge to input your 2 cents into.

[@rananapier8424]

Practically watching you buy a house with how deep that student loan is my gosh

[@MiraMira0ntheWall]

One month debt free, and I'm like, okay, what's next, but also like 😅 let me just BE. So, there are no goals yet.

[@sistasoler77]

Love your student loan breakdown and please get well. 💐💐

[@AllegedlyStephanie]

Thank you boo 💛

[@thisiselodie]

Dealing with my student loan servicer has been hell. They've been misallocating my payments which is affecting my credit report and tax forms. My goal is to try to fix that issue but it's been 5 months so I'm tired.

[@ambivertical]

Well done for paying off that much! Well done well done. Lol @ the 97 “Trifilin” cents.

[@jordanparker938]

I’m below 10k left of my 48 thousand dollar loan, on top of daycare, on top of medical debt from the birth. I’m so close to being done, and then I can pay off the medical, and be 100% debt free

[@arh1234]

🎉🎉

[@GrowwithPilar]

If you haven’t done this already, I’d be interested to hear your take on loan consolidation for PSLF. There is an extension for folks with PSLF to consolidate before April 2024. It seems this would allow any ineligible federal loans to be consolidated into a direct loan that would be eligible. And all the consolidation gets back-dated to the oldest loan, so theoretically one might be able to pay these off sooner.

[@k-oiya5004]

I thought I subscribed to your channel (then realized I didn't) and needed to find you. lol I typed "trifling cent," and you popped right up, lol. I'm now subscribed🎉

[@confessionsofajadedoptimist]

I might get my student loans forgiven in February. cross your fingers.

[@ambersoul1]

So I paid off one set of student loans (1st masters) as a public employee but did not qualify for the grace because I only had 13 payments left when it was rolled out - I don't qualify now because I moved to the corporate sector. I never missed a payment the first time it should roll over. The reason it doesn't? Republicans want a cast system

[@michellekaiser7634]

I'd love to hear about the finances of universities today. What are we funding? What is the range of administrators/housing/football that we are all paying for?

[@Alona86]

My student loans journey is on a pause

[@lioncrud9096]

these payment videos are a form of therapy for me lol

[@planetChristie]

Unpopular opinion: I don’t care about any of those prestigious schools and they are not really needed in today’s world to guarantee a good education and earning high incomes. I think it depends on what studies they are good at and if they even benefit a person to go there instead of a regular college.

[@Lastdayone]

Agreed

[@Mavryck_Tha_Myghty]

Spot on.

[@Justcetriyaart]

It’s not the lack of good education is the lack of access and concerning that they’re intentionally trying to build themselves even more of a bubble to make it difficult to have connections to even traverse classes. There’s plenty of cases we’re having plenty of money is not enough to get you excepted into certain Industries it’s getting to the point where you’re not able to even be allowed to buy things if you’re not from a certain purchasing group

[@planetChristie]

@@Justcetriyaart I personally have made good networking connections in a normal school. Access to what exactly? There are plenty of resources and networking with others without a prestigious degree. Some things should be exclusive and super rich families should be allowed to attend such schools as they live in a different world anyway. I have seen how envious others can be to people who grew up in wealth so this is a safe space for them as well as top performing people who get in those schools. Not everything should be accessible to everyone 🤷🏾‍♀️.

[@_MeeYuh_]

This is motivation for me ! Thank you for the monthly updates ma’am !

[@SaturnsDaughter_]

They know exactly what they’re doing as far as widening that gap. No way that wasn’t taken into consideration when producing this document smh

[@victorybeginsinthegarden]

They have to pay for these war with our student loan interest money

[@lais91263]

I payed off my student loans last year !

[@ww9738-c5u]

Hello. Making progress on the loans. Glad to be in a place where I can make the payments. I should be under 6 figures by June/July this year.

[@shani5345]

Where I live there are trade schools that are actually apprenticeships and the student is paid as they’re learning. So Pell Grant may not be needed. Government is too bloated. This is going to cost all Americans more in taxes.

[@autobotdiva9268]

my 22 year old might have to take out a student loan now because of RENT

[@Justauri-asdfghjkl]

I graduated May 2022 with 23k in student loan debt. Since then, I have paid about 16k and I still owe 23k. My balance hasn't budged.

[@everlyeverly3090]

How's that even possible when interests were on pause in 2022?

[@Justauri-asdfghjkl]

@@everlyeverly3090 my loans are private Sallie Mae. Exemptions were for Federal loans (idk about interest though)

[@CC-ns4qh]

I'm not sure what to do with the student loans I have. Payments are sky high. Not sure if I can afford the save repayment plans either.😢

[@Web-Diane]

Yea me either my save plan is like 3x as much idk how they decided the new formula is better.

[@veronicasmemories]

I've been saving up for over a year now and now I'm applying to grad school for the fall! Wish me luck ❤️ I will do everything I can to minimize my student loan debt

[@ialwaysshine.]

How many years of school were you student loans for? 6?

[@KarinaRamirez74]

I’m managing. No goals at all (well, to continue to pay my debts on time.)

[@t.taylor1611]

Thank you for sharing

[@kemytheyinyangtwins4171]

I’m seriously considering attending law school. Does she have a video where she explains why she regrets law school? Aside from the obvious massive debt. Thanks.

[@arh1234]

Many lawyers make average salaries ($60-75k/yr). The ones who make very high salaries generally are in a high pressure environment. Be clear on your ROI for law school.

[@demal1010]

How about a video on the ICC ongoing case vs the Israel government

[@Mavryck_Tha_Myghty]

The thing is, WHERE you went to school doesn’t actually matter in 99.9% of scenarios you will find yourself in.

[@discoveringhealthandfinanc8328]

Hello! This new SAVE student loan forgiveness plan, is it for an aggregate amount or per loan? I can't get clarification lol. I have 4 loans left and the original principal balance for each was under $5500. So will each loan be looked at together or separately? I've been making payments for 12 years. Took out $35k, paid off $43k still owe right at $27k😢

[@AllegedlyStephanie]

This is a great question and honestly I'm not sure either. Will try look into it again & see if the Dept of Ed has offered any clarification.

[@discoveringhealthandfinanc8328]

@@AllegedlyStephanie thanks girl! I'm kinda stuck between just paying them off or just building up a nest egg. I'm 37 and make a moderate income. $60k but I'm just confused with how I want to approach it and I feel like they just keep dangling that carrot lol.

[@joemacy2776]

I do agree that barring schools with above a certain endowment from accessing student loan funding is problematic. I understand wanting to encourage schools to use their endowments to provide scholarships, but there is no guarantee that they will if we all the sudden cut them off from student loans. If that happens, we will probably see a world where only rich people are able to attend elite universities which is not a good thing. We do need to hold universities accountable for high tuition costs, but I don't think simply restricting their funding is the solution to that.

[@keyoriemayfield4160]

Can we talk about where you got that sweater?? In love!

[@Anngrl69]

Would love to see you react to the lawsuit between E. Jean Carrol and Donald Trump. That case is a disaster

[@Shariab]

Interest enrages me🤬

[@v.velarde3694]

I'm tired! I want to stop the interest ugh I was making so much progress then boom here they come with the nonsense.

[@jens-e5t]

Love this channel! Would love to see you wipe your student loans this year. Have you thought about going on millennial money?

[@whatdacurl94]

my goal is to pay off my private loans this year and wait out for PSLF for the rest

[@fi1251]

My student loan is starting in February 2024 and I'm not ready 😭😭

[@chandre87]

Fellow Alum Knight!💛🖤

[@BekkaPoo]

I have student loans ($10k) but if they get paid off great. If not, well they just won't get my money. I really wish all of us would go on a debt strike and refuse to pay, refuse to work, refuse to shop, until they write off everyone's student loan debt. Paying them back is rewarding the powers that be for negative behavior.

[@janaestephenson2501]

Girllll just pay that 10k. That's little to nothing compared to most people.

[@BekkaPoo]

@@janaestephenson2501 I would but it's also a principles thing. My school was for profit, was shut down because of fraud, the school officials get off the hook but I still have to pay? That's not right and it's happening to millions of people.

[@fendiig3079]

My student loan journey is the ghetto.

[@Intentionaltia]

Bumboclaaaawt. Jah know all dem sumtn ya ah sin. Ah nuh money dat it just hurt mi jah know. Well Done !

[@chelseashurmantine8153]

Are you ever going to talk about the Kimberly Nicole Foster’s evil situation?????

[@iamlaurengill]

Why would the Democrats agree to that deal? That shuts out a lot of Black and Brown kids. That’s horrible!

[@TM-iw5om]

Hmmm I have to disagree with you here. I went to and got accepted into a number of elite colleges. The Pell grant was a very small part of my package. These schools are need blind and accept you without any consideration of your financial aid needs. In addition, they are need based and give you packages to provide for whatever financial need you have. Many schools have policies where if your family makes under a certain amount, tuition (if not everything) is free of charge. They just subtract the Pell grant from their internal grants. They do this with all outside scholarships like the coke foundation scholarship. I got full financial aid (grants no loans) for Harvard, Yale, and Princeton among other more newly highly ranked schools like WUSTL. And my household income was ~70k (inflation adjusted). Ivies were more affordable for me than my state school! I love spreading the word about this because so many lower income students count themselves out thinking they cant afford it.

[@BreonaMcQueen]

So true. This was good info! The same thing happened for me and many others., However, I was AND still am not interested in any ivy leagues. They’re basic to me. I did however get my doctorate, masters and residency completed at UCLA which I feel is better than the ivy leagues.

[@susiq1121]

I 💜 Chelsea from the Financial Diet

[@Msyinett]

I would love to hear the possible implications of the barbs doxy all the tik tokers.

[@cicihenderson9044]

Im highly considering selling my house to pay them off and move along lol

[@LavenderLife007]

Advice: Keep your home. Try to find a renter. Maybe do one room. That rent could cover a good chunk of your mortgage.

[@757Princess]

I had a good friend sell her condo here in Honolulu to pay off student loans and other debts. She now regrets it because she can never afford to purchase another place. I know it’s one of your options but I’m so heart broken for my friend! These student loans are no joke. I honestly ignore mine and don’t care how much I owe

[@cicihenderson9044]

Why cant she afford another home? She doesnt make much?

[@cicihenderson9044]

@@LavenderLife007I dont want the responsibility of renting and keeping up two spaces. People tear your stuff up. Im not into it.

[@cicihenderson9044]

Im also leaning towards moving out if state of that helps

[@Tinaluvsdc]

❤❤❤

[@CaraMarie13]

Lol girl, the super didn't turn the heat on. Thats different 😂. This a**w*** are out thwre saving heating money overnight and then we wake up wondering if we left the window open.

[@AllegedlyStephanie]

Our heater magically breaks... every winter... 🥴 then it's like a sauna the days after the breakage 😭

[@stronggiftfromgod]

😍😍😍

[@leilathecuttlefish]