What to do if you have huge student loan debt

Q. Where do I start? I have a huge student loan debt and don’t think I’ll ever be able to pay it off. I am a physician assistant, and my partner is a physical therapist. We’re about two years out of school. I have only recently started to try and figure out how to be smart with my money. I owe $167K in student loans, and my partner owes $200K. Our combined income is $200K. We have been living in a town with a very cheap cost of living for the past two years and trying to put all of our extra money on our loans. I even had a night at home where I freaked out about the loans and on impulse, spent thousands of dollars toward my Grad Plus because I just kept thinking my savings were pointless when I was in such massive debt. It seems like, despite all our large payments to these loans, they are hardly different from when we started. Very discouraging. I’ve recently started putting money into an investment account using Betterment and feel like it’s doing pretty well, but I’m overwhelmed by all of the advice and podcasts and books available. I’ve been stressing myself out reading your site again tonight just because of the massive amount of information. I guess my question is, where do I start? I know this whole message must sound stupid, but I’m sending it anyway in case you have something wise to respond with. A. You’re not alone. Your message doesn’t sound stupid because I get several of them a day. You are not alone. You are not alone. You are not alone...
Source: Kevin, M.D. - Medical Weblog - Category: General Medicine Authors: Tags: Finance Practice Management Source Type: blogs