Today, after six years, two raises, and a promotion, thanks to student loans I make less disposable income than I did when I first started this job. FML
Collection
Thanksgiving
Questions about your love life, a burnt turkey and the cousin who knows everything: Thanksgiving, a contact sport.
Today, after years of being underpaid, I received my first paycheck at my new job. My new employer offers excellent benefits and a 401k. But after I invest in all these wonderful things, and after a $4 an hour pay increase, my net income is less than before. FML
Today, it's been exactly 2 years since I graduated college. I make less money in my full-time job now than I did working part-time in college. FML
Today, after spending about 5 years to go back to school, get my life together and get a real job, I now make about $100 less a month. I used to work as a dishwasher. FML
Today, after 3 years at my job I received a 14% raise. I was informed I will be transitioned from hourly to salary. I will now be making $1500 LESS than I made last year. FML
Today, I got a 25-cent raise at work. That would be wonderful, had they not cut 6 hours off my schedule as well. I'm now making $200 less a month than I was pre-raise. FML
Today, I was promoted. After going to school for 10 months to get certified for the new position, training extensively, and taking on a ton more responsibility, I was hoping for a decent raise. How much do my bosses think all of that time and effort is worth? One dollar more per hour than I made before. FML
Today, I was forced into accepting a "promotion" for a position that pays less than what I get right now. FML
Today, I got a raise. A 10 cent raise. I have worked at my job for over 3 years. I now make 20 cents more an hour than people that have only worked there 3 minutes. FML
Today, thanks to downsizing and corporate restructuring, I was "promoted" to the entry level position I had 10 years ago. FML
Today, I finally got a raise after years of hard work! Excited, I went on a shopping spree, but as I checked the latest prices, it turns out that my extra income barely covers the increase in my grocery bill. Thanks, inflation. FML
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Top comments
Soninuva 41
At least you're making more money, otherwise you'd be hard pressed to pay off your loans, and end up even further in debt.
IAmzephyr 22
word.... dog?
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Comments (50)
Dick_diamond 22
If it wasn't for those loans you wouldn't have the education that allowed to get the job and those raises. Count your blessings..
hasooon 24
I wish that all countries provide free education to everybody. It will never go wrong unless if you are Robert Oppenheimer. Merry Christmas.
AcieMcG 21
I got a 4% raise at work, now I finally make as much as I did on my co-op, at least it's something.
HeatherCorinne 14
Story of my life
gobiteme2 34
That what happens when you major in phlosphy.
dvp_fml 8
So, what you are saying is you made choices to increase your spending faster then your earnings increase and by throwing "student loans" out there you expect sympathy.
Emirac 10
Actually, student loans are usually not paid for while you're in school, so if you're making the same amount then as when it comes time to pay you can easily lose disposable income because of it. Plus, you're usually living at home during college. After, you have rent/mortgage and utilities, so that can contribute. I know I had a lot more money to throw around before adult responsibilities like loans hit me. Maybe you shouldn't be so judgmental? Merry Christmas
alice192823 24
#29, Well I know that in the UK at least, student finance doesn't take any money out of your account until you reach a certain wage. Maybe OP was earning under this wage before promotions, and now student loans company are taking their bit of the money OP is earning now that they've reached the cap. Student finance take it straight out of your pay so you don't even "see" the money. So, they may not have changed their spending habits at all, but where their money is going has changed.
johncage 14
Lol wow, judgemental much?
Emirac 10
#35, must be nice! Here in the good ole US of A we get 6-12 months tops post grad to start loan payments, whether or not you have a good job or even have a job at all. You can get a forbearance or deferment, but it is only for a specified amount of time, and you have to prove that it's necessary. Then once the time is up, it's up, whether or not you're still in a shitty financial situation. That's why, when I was ready to go back to school, I chose a cheaper online school that I can pay out of pocket via monthly payments. So not worth the loan debt.
NotMeMyfriends 9
Merry xmass
heavenlyassbutt 11
I feel your pain. I too have student loans
TheNewGuy03 29
Along with exorbitant healthcare costs, this is one of the things major problems with America (I'm assuming you're American, because I haven't heard of this issue being so debilitating outside of the USA). Call me a socialist all you want, but everyone has the right to education and health.
tennis238 5
This is why I don't understand the point of college unless you have rich parents that will pay for it for you!