OCCUPY STUDENT DEBT

I will be lucky to be buried all in one piece. I have attended an online university from my bachelor’s to my doctorate degree, to be completed this year. I came into this education with about 15,000 in student loans from previous education. Since then I have hit the government cap of 139,500 dollars borrowed. While I hope my education is worth it, I am finding that the job market does not agree. It seems I am overqualified for most positions in my field or I lack the operational experience to get where I should be. So between Salli Mae and Citibank, I will owe the government for the rest of my life. I can already predict that will not be able to make the minimum payments for this debt. My husband is disabled and I am suffering from chronic migraines making it difficult to find a job opportunity that will pay as much as needed to live and pay off the debt. I have contemplated defaulting and paying off the debt in time spent in jail, at least I wouldn’t have to worry about basic necessities. Alas, reality tells me that I will have to buckle down and try. I want to not be caught in a payment plan that then puts my house at risk. At this point I don’t care about the credit impact as it will be shot as soon as my grace period is over and I can’t make the total of the first payment. If it were possible to stay in school for the rest of my life in order to keep the loan repayment at bay - I would jump at the opportunity. Meanwhile, the debt will take an overwhelming burden to even make a small impact before I retire, if I get to do so before I am 80. At this point all I can do is hope that the disaster predicted for Dec. 21st of 2012 will result in a complete technological collapse of all financial information that will wipe the debt clean…otherwise pray for the rapture or the aliens, which ever happens first.