<prompt> Human: As of right now, I make 17.10hr while in training for a job that will translate into a 50,000 salary in June. But to coincide with that, I have two student loans. One under my parents which after speaking with Nelnet last night I have learned has an outstanding balance of 186,000 paid over 25 years at 610.87month. The interest rate for this loan is 8-9. I then have another loan in my name, interest rate around 5, for 25,000 that has monthly payments of 301.28. In total, I have 200K student debt after attending a public university for four years at 25Kyear. feelthebern? When I graduated in 2014, my loans under my parents name were under a Parent Plus loan. Along with this loan, my parents had Parent Plus loans for my sister and brother. These loans are divided into groups that all fall under our respective social security numbers, so I know which groups to pay. At the end of each month, my brother, sister and I give our dad our respective totals, and he pays down the amount in each group. Now, for whatever reason, you can only pay the balance all together. For example, if I have the money to pay my loan but my sister doesnt, the loan cant be paid until the total amount is ready to be paid. This is one of the reasons I am in this predicament. My sister did not work for many years, therefore my dad told me the loans were in permanent deferment and I could pay what I could during this deferment period. Being that I worked minimum wage along with extended periods of unemployment studying journalism was a great idea! until this past February, I did not pay down the debt on these loans while they were in deferment my biggest mistake, I know. I was supposed to begin paying December 2014 and I made a few payments here and there but I didnt start regularly paying on the Parent Plus until this past March when the deferment expired. Now, my dad is telling me that because my loan was in deferment for 1 year and that I wasnt making every required payment, my loan balance jumped from 100K to 186K. He says thats the result of the interest compounding daily. As you can imagine, being 23-years-old, I am upset to shit that I am 200K in the hole. So after panicking all last night, I gathered my head this morning and decided that ideally, I would like to pay 1,000mo. on my parents loan and 500mo. on my own so I can make a dent in more than just interest and instead actual principal. I also, however, would like to experience my 20s and not live at home anymore for a plethora of reasons. Additionally, I have 0 in credit card debt, 1 line of credit, bought a car outright so I have no monthly payments, and 2,000 in savings I had 5,000, but I just used 3,000 to buy that car. Can someone please explain to me how this whole 200K in debt is possible and if something sounds suspicious to you too because I genuinely feel like Im being screwed? Is there any possible way I can get this loan transferred from my dads control under the Parent Plus to my own control? Last night for example, I gave him 1,000 to pay on my loan and he couldnt because my sister didnt have to money to put on hers. Its already a week late I paid him a week ago btw... he just decided to pay now!. Somewhere along the line Ive been bent over a barrel and shown the 50 states therefore how do I manage this?  <response>: You are in 25k of debt. Your dad is in 186k. Parent plus loans are his not yours. I understand your desire to help pay them back, though, but here are the things that seem wrong to me. paying back the loans all at once. This seems wrong. You can usually make a partial payment. Doing this may result in your payment being late, though, but I dont get not being able to pay it at all. the loan jumping from 100k to 186k in one year seems literally impossible because, if my math is right, it would mean you would have an insane interest rate that doesnt really exist for these loans. I think youd have to have like a 60 interest rate to do that, which would not exist. Perhaps this includes late fees from missed payments? Or was the original loan much higher?Awkward to ask, but how trust worthy is your dad?is he good with money? what is he like? Because all of this is fishy. 