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Paid off my school debt

RearAdmiral

RearAdmiral

Platinum Member
Just sent my last payment. Buckled down for 8 months or so and sent 1k/month then 2k/month for a while. School debt is no more!

I want to buy a bottle of Crystal.
 
Congrats. As I have just recently "acquired" a significant amount of student debt from my SO, I know how it feels. Fortunately, I have no debt myself. $1500/mo payments for the next 5 years to pay it off are going to be unpleasant.
 
nice.

i pay like $175/mo and will for the next 10 years or so, but i consolidated at 2% so rushing to pay it off all at once isn't really worth it to me. plus $175/mo is nothing.
 
RearAdmiral said:
Just sent my last payment. Buckled down for 8 months or so and sent 1k/month then 2k/month for a while. School debt is no more!

I want to buy a bottle of Crystal.
Click to expand...

Good thing you got it paid off before the Republican's let the interest rate go back up.
 
rcpratt said:
Congrats. As I have just recently "acquired" a significant amount of student debt from my SO, I know how it feels. Fortunately, I have no debt myself. $1500/mo payments for the next 5 years to pay it off are going to be unpleasant.
Click to expand...

My gf has no school debt, which would be beyond epic if we got married. That's a pretty hefty payment though, she better be a Dr.
 
Bastard...

I just finished my master's and they sent me a "balance of degree" fee for almost $4k.

Gotta pay that off by September (before interest kicks in) and then start paying for my new master's at $4500/year. FML.
 
RearAdmiral said:
My gf has no school debt, which would be beyond epic if we got married. That's a pretty hefty payment though, she better be a Dr.
Click to expand...

She is... heheh... PhD in Medieval Poetry... heheh.

$1,500 a month is nuts, though. Debilitating monthly payments preventing you from fully participating in society are what refinancing is for.
 
rcpratt said:
Congrats. As I have just recently "acquired" a significant amount of student debt from my SO, I know how it feels. Fortunately, I have no debt myself. $1500/mo payments for the next 5 years to pay it off are going to be unpleasant.
Click to expand...

That's her own payment schedule right? I haven't heard of any student loans that are on 5 year repayment.
 
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