4 celebrities who did not repay their student loan until their forties

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Student loans can seem like a trap that you will have to bite your leg out of. Courage: You are not alone. Even some celebrities have had to pay off loans for decades.

Here are four that were released only as adults, and in several cases, parents themselves.

Former US President Barack Obama speaks after receiving the 2017 Profile in Courage Award during a ceremony at the John F. Kennedy Library in Boston, Massachusetts on May 7, 2017.

Brian Snyder | Reuters

President Barack and First Lady Michelle Obama

Obama became the leader of the free world, but he did not get rich. He and his wife Michelle both had to take out loans to finance their studies, and the couple had “barely finished” paying them back in 2005, when she was 44 and she was 41.

President told an audience in Buffalo, New York:

Michelle and I are only where we are today because the scholarships and student loans gave us a chance to have a great education.

And we also know a little bit about how to try to pay off student loans, because we don’t come from a rich family. So we each graduated from college and law with a mountain of debt. And while we got good jobs, we barely finished paying right before I was elected to the US Senate. …

I mean, I was in my 40s when we finished paying off our debt. And we should have saved for Malia and Sasha by then. But we always paid back what we got, and we were luckier because most of the debt came from law school. Our undergraduate debt was not as large because tuition fees had not started to climb so high.

Senator Ted Cruz (R-TX).

Getty Images

Senator Ted Cruz

While campaigning in 2015, at the age of 44, the presidential candidate spoke at Liberty University and hinted at his experience of having to fund his education: I said Cruz, “took over $ 100,000 in school loans, loans that I very much suspect. of you can all identify, loans that I will point out that I just repaid a few years ago. “

Cheryl Strayed and Tim Ferriss speaking at SXSW in Austin.

Photo by Jim Bennett

Lost cheryl

The beloved and bestselling author of “Wild,” which was made into an Oscar nominated film starring Reese Witherspoon, is a literary icon – now. But before a 41-year-old Strayed sold the memoir and Oprah helped make it a bestseller, she was just another struggling writer who had to in credit card debt and student loans.

BI Reports:

With her first “Wild” paycheck, she paid off her student loans and debt of $ 85,000. “We went out and ate sushi. But our life hasn’t changed. We only got out of credit card debt. But it changed that way, trust me.”

And more …

Actor Kate walsh (“Grey’s Anatomy”) said Refinery 29 she did not pay off her “thousands and thousands and thousands of dollars” in debt until she was 37 years old. Kerry Washington (“Scandal”) said She she couldn’t afford hers until she signed up to play Olivia Pope in her mid-thirties. Actor Jon hamm (“Mad Men”) only paid his in 2004 when he was 33 years old.

And, although he’s not in show business, it took Senator Marco Rubio from florida about that long, and a highly publicized book contract, to repay his loans.

Many celebrities after their first youth also make monthly payments. Humorist Kevin Bozeman Recount US News in 2015 that he’s on a repayment plan. And actor Miles teller (“Divergent”, “Whiplash”) said Vulture in 2015 that, despite his various Hollywood successes, he had not yet repaid his debt: “I still have my NYU loans very well.



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