Wipe out all student debt?
I'll highlight just this for some prospective here.
I have 125k in student loan debt from undergraduate. I took out 95k to attend (an out-of-state state school), and accrued 30k in interest while I was in graduate school (which I went to for free with a stipend). I did this with intention. I decided around age 16 that I wanted to get a PhD, so I sort of did the reverse of medical school (college scholarships, then expensive med school loans), as I had high potential to make a very high earning. As you know, I received a PhD in organic chemistry just as I set out to do.
I unfortunately suffered significant abuse from my adviser during my tenure. After I left, he apparently really went off the rails and began to attack and slander faculty to the point where he was forced into half-time and was on the verge of loosing his tenure (he was department chair for 5 years prior to this too). Turns out, I really was the grounding-lightning rod for him. He managed to back-door his way out of the university so he didn't get any formal marks on his career. Because of his abuse to me, significantly augmented by the exsistential threat of my student loans and need to pay them off, I have suffered severe stress and at this point have C-PTSD. While I continue to try, I am likely too sick to work for the foreseeable future. I will see if I can hold down another job after I get another one.
I need to make at least 80k just to have a standard of living where I can float due to my loans, other bills, and the cost of affordable safe housing. I tried to shortcut the housing while I was in portland making 65k, but my living situation was traumatic and due to my poor mental health it showed that I cannot live with other people and feel safe at the same time. The extreme stress of that, not making enough money, caused me to wind up in the emergency room in August due to extreme pain, which resulted in me needing to quit my job. My job itself was ovewhelming, they did not offer sick days, and only 12 PTO days per year. The health insurance they provided was poor, and I was only fortunate to be grandfathered in to my therapist after it was reduced.
Due to my trauma, I am terrified of working on anything in the scientific field, which I need to do to support myself. I tried for two years and all of these factors against me broke me. I will try again, because I have
no choice, but I don't expect it to work out for long. It is not my fault I suffered this abuse or am the way I am. I have done everything in my power to continue, but the loans make it impossible for me to live. If I didn't have them, I would pursue a much more basic career outside of science for a number of years until I am better (if I can get better), but I can't. The pressure of my loans make it hard to sleep, hard to eat, and hard to have hope for a future.
If I am to have any hope for the future, my best bet is to flee the country, and this is just because of the loans
by themselves. Abroad, I don't have to pay them because they cannot go after you in other countries. Assuming I can gather enough strength, my intent over the next year is to find a way to save enough money to move to Germany and get a job there. I should be able to get to sufficient German proficiency within the year too. I am fortunate that because of my degree getting permanent residency (while hard) is very doable. Over there, there is enough social support along with not needing to pay my loans that I actually can have hope for the future, and have much better odds of overcoming my trauma. In addition, my loans won't matter anymore unless I have to come back to the US (which I wouldn't, even at gunpoint).
So please, continue to think "It's rediculous". I'm just one of countless people, and I'm one that really has tried with it. At this point there are three options: the loans are canceled, I leave the country, or I die.
Continue, as you do.