People With Student Loans Owe An Average Of $28,950, And If That Doesn't Make You Wanna Scream, These People's Experience With Loans WillIt's May, which means a whole new round of graduates are turning their tassels and entering the workforce. This also means that their first student loan payments are around the corner, and 2024's numbers are overwhelming, to say the least. This year, Forbes$1.
This person can't imagine getting ahead of their nearly $30,000 balance when only $15 out of their $272 monthly payments is going toward the principal. This guy considered adding his wife as a co-signer on his loan with the hopes of lowering the interest rate...but it stayed exactly the same. This person's student loan provider — to which they already owe over $100,000 — sent them a text with cute little hearts, offering them another loan.