Ep42 Debt Becomes Us

*For anyone who has ever felt swamped, imprisoned, paralyzed or had panic attacks over their student loan debt this story is for you.

In 2012, Hillary Carroll graduated with an MFA from UCLA. Between her loans, interest accrued, and capitalized interest she owed 130K. This story is about how she paid it off.

Follow Hillary @debt_free_hillary

Hillary’s Equation for Monthly Interest Accrual:

Principal Balance x Interest Percentage Rate (8.25% = .0825) Divided by 365 = Daily Interest Accrual

Daily Interest Accrual x 30 = Monthly Interest Accrual

Music by Chris Zabriskie off the album Divider

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Cover Art by Evah Fan