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Why Worry About Student Loans?

September 2, 2020 at 11:50 am EDT by Joshua Holt

“Dr. Adrienne Colman is living her best life, student loans be damned,” reports Alicia Adamczyk.

“It doesn’t make me feel great that I have [$230,000 in] student loan debt, but I don’t let it hinder me in the way that I live my life,” Colman said. “I’d rather live my life than throw thousands of dollars into trying to pay this debt off.”

While she does have a $100,000 income, “she also has around $2,600 in credit card debt, mostly from shopping for clothes and accessories, and she is paying off around $17,000 for her 2017 Mazda CX-5.”

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About FIREwire

Joshua Holt is the founder of FIREwire, a site that aggregates personal finance, investing and financial independence stories. He is also the creator of Biglaw Investor.

Joshua spent more than a decade as a corporate lawyer in New York City representing sovereign nations and private equity clients in mergers & acquisitions.

He earned degrees from the University of Arkansas and Boston College, while also spending a year at Cambridge University in the United Kingdom. He lives in Austin with his wife and son.

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