<prompt> Human: I am trying to reduce my student loan payments and was asked to calculate my expenses. My rent is cheap and so are my utilities. I dont drive excessively but it ends up being about 120mo. Groceries are about 160, so thats a little high. The rest is stuff that I cant eliminate or change. The biggest thing is that I have student loans 320month from CITI, Dept of Ed and Sallie Mae. If Im not able to reduce that I dont know what else I can do. Am I in a terrible situation? I work pretty much full time but its only 12hour and have worked second jobs but its incredibly hard to tell a new place when I can work because of my current schedule. edit: should include that my rentutilities 345 is only 27 of my income.Assistant: You need to make more money. You only make 15360 per year and this is on a college degree? Youre currently paying 25 of your monthly income on you student loan debts. You have 255 left over - you should be throwing all of that into your student loans.What is the total amount of student loan debt you currently owe?Can you break down the 320month by each lender with interest? CITI: ? ?APR Private ? DOE: ? ?APR Federal SM: ? ?APR Private or Federal?If the bulk of loans are federal loans, you can apply for IBR Income Based Repayment. See hereHuman: My degree requires more study to find a job, which unfortunately means more loans. Sucks. I got back from working on a grant abroad and the timing didnt work out to start grad school. So Im stuck at this job until the time comes to start school again this fall at which time my situation is going to get even worse. The balances on my loans break down like this:CITI: 4,322 and 2,667 Sallie Mae: actually. I have to get back to you on this. I dont have the whole amounts with me at work and Im locked out of my account.  <response>: If you become a full time student again, your loans could enter deferment, meaning in most cases payments will not be due until you leave school but interest will accrue. If you have any subsidized loans, then they will not accrue interest. Im a full time grad student right now. I entered right after undergrad, so my loans have never entered repayment which is why Im not sure how exactly it will work in your case. 