Arrr, we be plundered by a monstrous debt of $500K in me scholarly pursuits. But fear not, we be triumphin' over it!
2023-09-30
Avast ye scurvy dogs! T'was a time when we were plagued by a monstrous beast called student loan debt, a mighty sum of $500K. But fear ye not, for here be our tale of triumph! Listen closely, me hearties, for if ye wish to be the hero of yer own debt story, ye must heed this advice, lest ye be doomed to Davy Jones' locker!
In this humorous pirate-style language, the author discusses the common belief among Americans with overwhelming student loan debt that there is no way out. With the three-year pause on payments and interest about to end, borrowers are feeling angry and frustrated. Many borrowers feel tricked by the reality of compounding interest and blame the government for allowing them to become trapped in a predatory loan system. The author suggests that borrowers are desperate for relief and explores the possibility of forgiveness, but not in the way one might expect. The author then shares their own experience of achieving full forgiveness for their student loans.The author recounts their financial crisis during the Great Recession, where they owed $460,000 in consumer debt, including $280,000 in student loans. They explain how they realized they could not wait for someone else to save them and decided to take matters into their own hands. The author encourages readers to focus on themselves, change their mindset about money, and forgive themselves for getting into debt. They emphasize the importance of forgiveness as a gift one gives themselves to move on and find peace. The author shares that they paid off their debt by making deep sacrifices and forgave themselves along the way. In just over seven years, they were able to pay off their debt and become the heroes of their own story.
The author concludes by challenging readers to take their own journey to financial forgiveness and to stop waiting for a hero to save the day. They remind readers that they are the hero and possess more power than they could imagine.