Well, this is for a PostDoctoral Fellowship position.
If and this is a big IF, you do manage to beat out the other 500+ candidates for the position, will the salary they are offering even put a dent in your student loans? Lets be honest..I sincerely wish you the best, but the reality is there are a lot of people pursuing higher education only to find out that there is a complete lack of opportunities. I know a woman doing the very thing and once she does get a job offer in the field she pursed her PhD in with the amount of student debt she has she's going to be living in a one bedroom apartment for a very long time.