“Took out $300k in private student loans at 15% interest rates”

Item: Took out $300k in private student loans at 15% interest rates
Rating: 0
Author: u_brokeboii94

What Actually Happened

Ruined my life with excessive debt, unable to afford basic living expenses

What I wish I knew

"Borrowing from Sallie Mae at 15% interest was a terrible idea"

Advice to Someone Facing This Now

If I could tell you one thing

"Be cautious of private student loans and their high interest rates"

Regret Index

10/10

High, persistent regret.
Has not decreased significantly with time.

SettledMixedSevere

Advice for Someone Facing This

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Discussion

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financial Category

1,609

financial decisions logged. Avg regret 5.4/10 across the category.

Same Outcome Band

43%

of financial decisions land in the severe band the same as this one.