This month, many students will graduate from college. Congrats, class of 2014! To celebrate, Mike and Brigit covered many of the financial decisions you may face for your big day. (Shane was right—a party probably would have been a better gift.)
However, the SALT™ Blog remains practical, and as such, we know that as much as graduation is a time to look back, it’s also a time to look forward. And once commencement ends, many new grads will look forward to one big expense: student loans.
Of course, when I say “look forward to,” I mean “look ahead to,” not “get excited about.” That doesn’t mean students don’t have strong feelings about their looming debt, though. In fact, this obligation is already on their minds—even for those who haven’t officially graduated yet.
To see how loans already affect them, I turned to Twitter for some unfiltered opinions. (Well, not entirely unfiltered; this is a family-friendly blog, and as mentioned, some of these opinions are strong.) Let’s take a look.
You Can’t Enjoy Graduation
When walking across the stage to get your diploma, you officially transition from “college life” to “real world.” And your classmates may be upset about leaving one and entering the other.
Can’t tell if everyone is crying at graduation bc they are leaving their friends of bc of their student loans
— Grace Graziano (@GraceeGRAZ) May 18, 2014
While the feelings of some people in attendance may be up for interpretation, others will be more than happy to tell you exactly what your future holds.
Everybody was yellin out names at graduation and i was yellin out “student loans” lmao — con man (@Varnel_Hill) May 20, 2014
Then again, if all of this sounds too overwhelming, there is one way to avoid it altogether.
(Unfortunately, I don’t think Mike listed “graduation” as one of his “unexpected” graduation expenses.)
Things Get Real, Real Fast
Sometimes, you may have yourself to blame for this.
Oh nice I forgot about this whole repaying your loans after graduation thing …..
— Sammantha Croteau (@SammiCroteau) May 20, 2014
Mom just told me how much my student loans are. Here’s to not having a life after graduation! #gradschoolproblems
— Mosby Hardin (@mosbyhardin) May 19, 2014
Other times, reminders will pop up that are out of your control.
First weekday after graduation and I get an email about student loans. Welcome to adulthood. lol — Natalie Wakefield (@nataliejo14) May 20, 2014
Nothing says happy graduation like getting an email regarding my student loans and how much I owe — Jamie Bogosian (@jamiee71192) May 18, 2014
I swear: Some of these companies totally have good intentions in mind!!! (Cue promotional link to SALT …)
And About That Party?
Oh, you’ll want something else much more instead.
The only graduation gift I want from my family is to not have any student loans to pay.
— KayKay (@scheminkayy) May 18, 2014
And while it won’t be “fun,” you’ll very much enjoy it.
two of my friends got cars for graduation, and while i’m so jealous, my parents told me they’re paying two $12,000 school loans. #illtakeit
— Kelly (@KellyHennigan) May 19, 2014
Especially considering the alternatives …
You Can Do It
Clearly, things may seem difficult now. Just remember that there are success stories out there—and you can be one of them. Whether you’re taking small steps …
… Or big leaps. Either will feel worth it.
I have worked myself to tears over the last 366 days since graduation. Today i paid off all my student loans. Now i know how freedom feels.
— Matt DiGennaro (@mattydiggs) May 20, 2014
How are you feeling about your student loans? Let us know on Twitter: @SALT_Money.