Scared of future debt struggles
Hey everyone, I’m about to enter my first year of DPT studies in a few weeks and am starting the process of taking out loans. I was advised to wait until the end of April from my department so I can see what I receive from FAFSA. However, the best student loans I’m able to get from the government are at 9% for what limited $ they will disburse. Otherwise, the rest is in the private range of 12-13% which I will refinance after graduating. All in all, I’m looking at taking out about 150k and with 10-year loan terms this will be >225k. I love working in this field so far, and originally was able to stomach this amount, but now that I’m this close, I’m petrified of what this will due to my future finances. I want a home, kids, and to travel, but I currently feel like even if I marry a partner willing to help, we are doomed.