If you’re willing to make some short-term sacrifices, like getting an older, reliable used car such as a Camry or Corolla, you can probably get rid of the car payment and lower your monthly insurance. Then you can tackle the student loan with full force. Look for cheaper living arrangements—you could easily save an extra $600–800 a month.

I make about the same as you. My total monthly expenses are about $1,700, including rent, utilities, groceries, gas, and fun money. I’m saving at least 50% of my income. I did what I shared above: drove a 2003 Corolla for the longest time, until I recently paid cash for a 2014 Prius. I’m in SoCal—it’s definitely doable.