Here’s How Millennials Really Paid Off Their Student Loans

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24.

“I got hit by a Mac truck when I was 12. The accident itself should have killed me and my mom on the spot; the injuries I sustained weren’t even caught until I was within hours of dying, and repairing that injury caused damage that required ANOTHER surgery six years later. The accident was 1,000% not our fault, so we settled in mediation.”

“Because my injuries were (1) more severe and (2) would likely cause increased difficulty with age, my payout was larger. My mom brilliantly had my payout put into a court-ordered structured annuity, and she scheduled the payouts to fit with the career I wanted to pursue at the time. 

Then inflation happened and my dreams changed; while the payouts weren’t enough to keep me completely loan and debt-free, they DID allow me to pay for more than half of my tuition each year and made it easier for me to pay off what loans I had less than five years out of college. I NEVER would have gone to the college I did without that accident.

—svenskaspark

Source: https://www.buzzfeed.com/meganeliscomb/how-millennials-paid-off-student-loans

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