Simple Math.

I'm the first to admit that I'm not a mathematician.  (I can't even spell mathematician.  Seriously--I tried 3 times before letting spell-check fix it for me.)  But let's do a little equation:

I took out a total of $40,615 in student loans for 1 year of law school.

I have since paid back $7793.17 over the last 22 months.

So how does $40,615 - $7793.17 = $41,986 ???

How have I paid back almost $8k and I owe more than I originally took out?

Interest is the worst.  I have seriously paid $0 on the principal this year and $3066.00 interest.  How is this legal???

I think I am going to find a way to get really rich and offer student loans at 1/2 of the interest.  I would still make a killing.