jaymmyjaym is giving final exams
I dont have alot. Only a few thousand left. But I am ready to be done with these loans!!!
jaymmyjaym is giving final exams
I dont have alot. Only a few thousand left. But I am ready to be done with these loans!!!
Shelliee is staying indoors!
I’m in college now, and already terrified to look at the bills.
Jenny Green is a creative spiritual extrovert
I feel like this is my burden for the rest of my life. I would do anything to pay off my loans. And unfortunately, due to “financial hardships” (getting ready for my baby, doctor bills, increased daily bills) my loan is getting neglected. I barely make my payments, and I’m a little behind thanks to late fees. :-/
tomandshe is trying to escape from life on 43things for half an hour
I paid of my help debt (college loans). As Forest Gump says, “that is one less thing to think about”.
tomandshe is trying to escape from life on 43things for half an hour
In Australia college loans are called a help debt. It used to be called a hecs debt but I guess help sounds more user friendly. I am getting to the point where I might as well pay the rest of my loan back, and get a discount, as it will be taken out of my tax anyway. I have been holding off doing this for years due to the low interest on the loan and the ridiculous fact that University studentshave to pay this debt but TAFE students do not.
I was paying off my loans from the first time I went to college. I was really making a dent but then I decided to go back to school for another degree and I’ve quickly increased my debt. And I plan on getting my Masters too! I’ll be paying off my loans for the rest of my life. Thank god for loans because I know I will never be able to pay outright for my daughter to go to college:(
So I heard that if I take a government or public-interest job, despite the small potatoes for working there, I could receive a ton of loan repayment help, of course, depending on the job. (I know most law schools have loan repayment programs, especially ones with famous alumni and nice endowments, but the problem I’ve been having is just plain getting into any law school much less the nicer ones.)
AmeriCorps, for instance, has job requirements from 1 to 2 years in need-based areas, so relocation is key in scoring one of these positions, and the stipends run below the 10k line, which is hard to live on, granted. (Although being in one of the most expensive cities in the world, even 40k seems like nothing.) On the other hand, the freedom of less loans and interest to pay sounds almost like a major benefit instead of a trade-off. It might not be a bad idea.
I did this. Now I do it for other people. On July 1, Uncle Sam is ratcheting up the interest rates on federal student loans by 1.84% – if you have $30K in loans, that’s an additional $6,300 the Man will be asking of you in interest.
Go here:
http://www.FinancialAidPodcast.com/consolidate/
And keep your cash from Uncle Sam. He’s that skeezy, lazy eye Uncle no one wants to talk to at the family picnic.