The rich ruleth over the poor, and the borrower is servant to the lender.

Student Loan Debt Therapy

Student Loan Debt Therapy

Saturday, January 3, 2009


I got the chance to see another year roll in. I begged God to please let me hit the lottery so that I can payoff all my debts this year. I know that many of my Christian friends would think that it is a sin to play lottery, but I do. Hey, you have to be in it to win it.

Today, I ran across a blog created by a real lottery winner while searching for positive stories about lottery winners. I think this blogger won the lottery when he was 25 years old.

So if you want to read something more positive than my rants, check out his blog.

I really feel that I will win the lottery this year. Call me crazy and naive. But I will let you know when it happens. : - )

Saturday, December 20, 2008

Wednesday, December 17, 2008


If someone would have told me that I would be paying $1,200.00 per month in student loan debt 15 years after graduating from a top tier law school, I would have told them, "Go suck a lemon and leave the crack alone." Well, here I am 15 years later paying $1,200.00 per month in student loan payments.

In fact, I paid over $11,000.00 in student loan interest last year and could not write the interest off on my taxes. Why??? Because I made too much money according to the tax code.

So at the suggestion of a close friend, I have started this blog as a forum to vent my frustration about being a slave to student loan debt. It depresses me each time I make an online payment to one creditor and write a check to the attorney representing my other creditor.

I know. I know. I should be grateful that I have the money to pay my monthly payments. I am grateful. Really I am. But if I had one wish (beside being healthy for the rest of my life with greater discernment skills) it would be to payoff all my debts by December 31, 2008.