Eliminate Student Loan Debt Now! A Foolproof Plan to Get Rid of Your Debt. Part 1
Like most recent college grads, Tamika Gambrell, now 26, left school with hefty student loans–debt that now has to be paid, along with all the other bills that come with living on one’s own.
Gambrell, who lives in Glenolden, Pennsylvania, right outside of Philadelphia, earns good money
working as a sales analyst for a large consumer products company. Still, even with her $60,000 a year salary, and annual bonuses that tack on another $5,000 in take-home pay, it’s tough stretching her paycheck to meet all her financial obligations.
For starters, there’s the $840 a month that Gambrell and her partner pay to rent their apartment.
Then there’s a $280 monthly car note. After graduating in 2003 with a degree in human development from Colby College, a small liberal arts school in Maine, Gambrell racked up $24,000 in credit card debt, so that’s another $300 a month out of the budget Driving 60 miles to and from work each day means spending $300 on gas every month.
When you throw in 401(k) contributions, healthcare premiums, taxes, food, utilities, and, of course, her $133 monthly student loan payment, it’s easy to see why money can get tight.
