Ask The Reader: How Much Is A Lot Of Student Loan Debt?

I get asked a lot of questions about student loan debt. And almost every email starts with the following:

  • I have a ton of debt
  • I’m buried in debt
  • I don’t know what to do about the amount of student loan debt I have

It’s the same story: everyone thinks they have “a lot” of student loan debt. But what really is “a lot”? Is it $30,000? Is it $50,000? What level of student loan debt is a lot?