By Anonymous - 24/12/2015 20:52

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
I agree, your life sucks 20 808
You deserved it 1 987
Christmas: Snowy Joys and Blunders
Enjoy Christmas stories where unexpected gifts and family reunions create lasting memories... and fun! More…
Previous FML Next FML

Same thing different taste

Next

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.

112 1

Comments

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..

0 6
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.

1 1
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.

1 1
gobiteme2 34

That what happens when you major in phlosphy.

1 6
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.

4 10
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

2 1
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.

0 1
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.

0 1
TheNewGuy03 28

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.

3 1
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!

0 1