I think I can translate some of this:
We borrowed money so we didn't have to drive and miss more time with our girl so we took the loans, lived in married student housing.
Pam and BF were so horny he got her pregnant and married her instead of handing her a check to pay half of the charge for an abortion. Or maybe they just got married without the pregnancy. At any rate, Pam and hubby chose to get married and chose to have a child a child while both were still in college. And rather than finding cheaper housing with one of the two parental units, Pam and hubby spent quite a bit of money above their tuition and books for the college's student housing (and board?). Their "income"? Plus or minus a part-time job or two, they dumped the cost of all their choices - getting married while in college, having a child while in college, expensive student housing instead of more or less free housing with family - into their student loans.
Our vehicle crapped out so we had to get a different care.. The only way we could get a care that would get us to class and back was to buy a vehicle. Student loan paid for that as well.
An event common in life, a car breaking down and being beyond economical repair compounded Pam and hubby's unwise choices. Instead of riding a bicycle, taking the bus, and catching rides with friends, or getting help from family Pam and hubby chose to make their situation worse by buying a car and dumping that cost into their student loan.
I suspect much more
not necessary stuff got dumped into their student loans.
Seems like the bill is where it started even after paying on it for 20 years.
Gee! Paying just the interest as it accrues or maybe a very little more results in the loans being paid down super slowly? Who'd athunk it?! Pam must've been out doing drugs or a BF during the weeks when her Math class covered compound interest.
Pam and hubby
chose not to pay down their loans aggressively. But they found the $$ for at least one cruise, as evidenced by a pic of herself Pam posted to FB. And probably many more similar choices in which $$ that could have paid down their student loans went to other unnecessary stuff. Making unwise $$ choices is not illegal or immoral, but Pam is not owning her and hubby's lack of wisdom.
with our combined loans we pay over 800 a month. Just think how much that would add to the economy?
Pam seems to be dumb enough to think that the money disappears rather than being plowed back into the economy by whoever hold her and hubby's loans.