<p>Animation is such an unstable career at the moment too and, with such debt racking up, I feel so uncomfortable with the idea of finishing the major. I completely underestimated the field. The idea of spending tens of thousands of dollars to hopefully maybe get a job is pretty discouraging. My parent’s do expect me to pay off everything which is why they may have taken on so much debt. They may have not seen it as their problem at the time but I know that feeling definitely changed when they received that first bill. I don’t know if they are paying the interest right now or if the loans have been completely deferred which worries me quite a bit.</p>
<p>I am afraid that soon after graduating, I would have to resort to working minimum wage jobs and, from the looks of it, my loans would be more than 1k a month. From what I’ve read of the career, working as a PTA pays about a minimum of 30k and, over time averages to about 50k in my home-county, which is a lot better than worse-case scenario financially. I’m afraid of being stuck trying to pay off my loans with a slew of minimum wage jobs. This is not what I wanted for my family or myself. </p>
<p>I’d certainly would have to live small and contribute almost all of my income to pay off those loans no matter if I comply with my parent’s wishes or if I transfer to the stateU or a PTA program. I really don’t understand how interest builds over time though. Does it add to your loans each year or just to the overall amount after graduation?</p>