<prompt> Human: Thank you guys for checking out my post! I am currently feeling a little overwhelmed by my debt and I think I basically will be in debt for the rest of my life. I really dont know if I have much options right now.I am 30 yrs old and I have about 120k in student loan debt and about 3k in credit card debt. I am currently earning about 62k a year. I live in the bay area, so expenses run pretty high. My rent alone is already 1300 a month. I am still havent began paying my student loans Im still techincally 1 subject short of graduting, and I am looking at doing Income Based Repayment for my student loans, which means I only need to pay about 600 instead of 1,380 which I cannot afford.A lot of my friends are starting to buy houses and I would love to some day also own my own house, especially since my monthly mortgage will probably be similar to what I pay in rent. However because of my student loans, I dont think Id ever be able to qualify for a mortgage.Are there any way really out of this?  <response>: 1. Find a roommate. You pay too much for rent compared to your income.2. Start paying it down, NOW. I dont know why you arent. What are you doing with your money?3. Forget buying a house for now, it appears to me you are mismanaging your finances. Fix this first. 