<prompt> Human: My wife and I are new grads, and we collectively earn around 115,000 a year. However, we also collectively have around 190,000 in school debt.Most of our debt is in parent-plus loans, and the rest is in stafford loans. We are really scared of the upcoming payments. Especially because we were wanting to have a kid soon 2-3 years. We just dont see anyway that we could currently afford the costs of having a kid on top of our loans and cost of living.How should we handle this debt? Is there any hope of us being able to afford a kid?  <response>: we collectively earn around 115,000 a yearwe also collectively have around 190,000 in school debt.Okay, so...are you aware that a lot of families live on less than 40k a year? Depending on where your jobs are and if you are really winning to sacrifice YOU CAN TOO. And what would that mean to being free from debt? 3 years? Maybe less.How should we handle this debt?You can handle it however you like, but it seems like its preventing you from living the life you want. If its really that much of a burden buckle down for a few years - you are in a privileged position where that will actually work and clear your debt. So do it if thats what you want. 