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Hi, everyone! I've been reading the posts on this board for several months now, lots of great information here! Anyway, I was going to have my 'day of reckoning' in May, after I finished school, but I found myself in a bit of a 'freak-out' yesterday so I thought I'd come out of the closet. :) Here's my story:

I was laid off in May of 2001, almost 2 years ago. My former company was going to cover tuition (they no longer do, but that's another story) so I decided to go back to school. I'll be finished with my 2nd bachelor's degree in Accounting in May 2003. Before the layoff, I had worked very hard at getting rid of my debt, and I was debt-free with the exception of a $65K mortgage as of November 2000. (yay!)

In going back to school the plan was: former employer to cover tuition, student loans to cover living. Work very little, and concentrate on school. Basically, I took on the debt with my eyes open, and by design. However, now that I'm into my last semester, like I said I'm starting to freak a bit! My current debt:

~$95,000 mortgage 7.125%, $760.00 payment (sold my house and bought a condo the very week I got laid off!
$4,300 Bank credit card 4.75% don't know the min payment since I just BT'd
$700 AT&T Universal 6.65% don't know the min because I transferred from this card
$21,000 student loan, in-school deferrment until May, start paying in December probably a payment of ~$250.00
Total debt: ~$121,000, non-mortgage debt $26,000

I've never had this much debt before, I don't have a job lined up after May, but I currently have two part-time jobs, and enough e-fund (student loan proceeds, mostly) to last until about July.

(Boy, this is long, sorry!) Anyway, like I said, this is by design, I knew it would be sort of like this, but now I'm staring it in the face, yikes! I just wanted to 'get it out there', and see what the comments were. :)

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