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Student Loan Nightmare

Saturday, 27 Aug 2011 | 9:03 PM ET

Jessica, a NYC school teacher, has a salary of $54,000, owes $83,000 in student loans, and has credit card debt, as well. She was so excited to be accepted into an accelerated Masters program at NYU that she gave little thought as to how she was going to pay the loans back. Now she wonders how she should best handle all the debt and what she should do with her small monthly excess.