Listen, I know I’m not the only one with student loan debt. I mean, I’m in graduate school and will graduate in March. Can you imagine how much money I will owe by the time I’m done? To top it off, I had to switch programs to even graduate, but I digress. We’re not here for that story. 

Anyway, there are a lot of Americans that will finish school and have to pay back ALL that money they owe. How can people afford to pay back the money they owe when they need to survive as adults? The very degree they just spent all that money on is useless b/c they couldn’t get a job in that field. Wrote a post about it, here.


Saying all this to say that a recent study was released and people would rather spend a week in jail or do something else they wouldn’t ordinarily do just to rid themselves of their student loan debt. Article here.


It surveyed 1,000 undergraduate and 1,000 postgraduate degree holders. The study asked what these graduates would do to erase their current debt:

  • Shave their heads (51%)
  • Walk to work for a month (49%)
  • Never have caffeine again (40%)
  • Relive high school over again (40%)
  • No time off from work for a year (40%)
  • Spend a week in jail (39%)

Now, I see that some of these are really extreme… to me. The no time off work for a year can be detrimental to your mental health, which can lead to a downward and slippery slope, so that’s too much. I guess it would depend on the type of work you do as well.


Some of these are not equal to some of the others. Shaving your head is not as traumatizing as a week in jail. Do you know what you can see in a week? The trauma, the brutality, the psychological damage that cannot be undone.

While I see what they were aiming for, they need some better options. Like, I’m not voluntarily giving up my freedom just to get out of paying back Sallie Mae. She’s not worth it to me. However, I would consider shaving my head, possibly even reliving high school over again, or walking to work for a month.

In closing, I understand that being in debt to Sallie Mae can be very daunting and even scary, but it doesn’t have to be the end of your life. You can always budget, talk with a financial planner, or cut back and pay more than the minimums. I’m no financial planner, but paying them off can be done. Just make a plan. ❤