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Subject: "how'd you handle your student loans?" This topic is locked.
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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:26 AM

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"how'd you handle your student loans?"


          

go hard and pay them off quickly, sacrificing other shit

or

just pay the minimum monthly, the life sentence


i'm thinking about alternating checks. one to my life & bills, the other to sallie mae

i HATE being in debt but i also feel like this is one that it's not uncommon to just "live with"

is there any advantage to either method?

  

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Topic Outline
Subject Author Message Date ID
TMI, but here goes:
Sep 13th 2011
1
so basically you consolidate and pay one bill?
Sep 13th 2011
6
No, they send me an invoice giving me a zero balance. Gone.
Sep 13th 2011
11
why were your loans forgiven?
Sep 13th 2011
17
I guess I just qualified. When you do the paperwork, it'll tell you
Sep 13th 2011
20
      *raises hand*
Sep 13th 2011
25
      yup, loan forgiveness (I realize it says consolidation)
Sep 13th 2011
62
      if it's income based, i won't qualify.
Sep 13th 2011
26
           I couldn't either. That's why I have a garnishment.
Sep 13th 2011
60
um...u have a zero balance because those were paid by....
Sep 13th 2011
18
this is loan forgiveness, not consolidation
Sep 13th 2011
22
      oh ... i didn't go to the link....
Sep 13th 2011
27
      inbox.
Sep 13th 2011
32
           done
Sep 13th 2011
66
who is "they" tho?
Sep 13th 2011
56
      US Dept of Education, I believe
Sep 13th 2011
67
can only consolidate gov loans with the gov
Sep 13th 2011
16
      i don't have any private loans, i'm using SM loosely.
Sep 13th 2011
19
           can't hurt to try it; all they can say is yes or no
Sep 13th 2011
23
what do u mean by "wipe away"?
Sep 13th 2011
8
#11 (loan forgiveness)
Sep 13th 2011
14
what do you mean by "wiped away"?
Sep 13th 2011
10
#11, #14
Sep 13th 2011
15
whoaaaaaaaaaaaaaaaaaaaaaaaa....say what now?
Sep 13th 2011
33
it worked for all but one of my loans and that's better than nothing
Sep 13th 2011
71
archive. thanks for this
Sep 13th 2011
38
no prob. I hope it helps somebody!
Sep 13th 2011
72
Are you a teacher, lawyer, doctor or in the military
Sep 13th 2011
79
nope
Sep 13th 2011
90
WAIT WAIT...how long were you paying
Sep 13th 2011
82
I graduated in 2000. Hadn't paid a dime. Tried defferring and was in
Sep 13th 2011
91
      i think you should call them and get a letter in writing
Sep 13th 2011
115
           They send you a Powell'y letter when you get your first invoice.
Sep 13th 2011
126
i consolidated mine but they didn't forgive my loans
Sep 13th 2011
117
      sorry to hear that; if your income changes, apply again
Sep 13th 2011
133
           it has but i'm married now so they include his income as *my* income
Sep 13th 2011
143
                ouch.... yeah I think that's the only loophole
Sep 13th 2011
148
im doing the long way
Sep 13th 2011
2
Wray taught me and I've been able to help 2 other people with it so far.
Sep 13th 2011
3
it'd prolong living at home
Sep 13th 2011
4
      naw...
Sep 13th 2011
9
           5 yrs can fly by!
Sep 13th 2011
35
                lol seee....
Sep 13th 2011
42
I can give very specific advice if you'd like to inbox me
Sep 13th 2011
5
my first job....
Sep 13th 2011
7
ill be paying em til its time for my kids to get theirs
Sep 13th 2011
12
I'mma TRY to raise my kid nerd style......
Sep 13th 2011
106
why rush to pay them off?
Sep 13th 2011
13
Very few people actually pay for a Doctorate
Sep 13th 2011
21
not true at all
Sep 13th 2011
75
      You're right about the for-profits, but at non-profits
Sep 13th 2011
95
this is true also
Sep 13th 2011
24
thats why i said some people treat em like life sentences
Sep 13th 2011
29
      there's good debt and bad debt
Sep 13th 2011
34
           i'm scared of credit cards
Sep 13th 2011
37
                get a credit card through your bank account
Sep 13th 2011
43
                     omg get a rewards card, stat!
Sep 13th 2011
48
                          yeah i know
Sep 13th 2011
54
Unless you have no other debt, no reason to pay them early
Sep 13th 2011
28
i don't have any other debt, but i would prefer to save it
Sep 13th 2011
31
      Budgeting to pay the minimum isnt difficult
Sep 13th 2011
36
inbocks.
Sep 13th 2011
30
default
Sep 13th 2011
39
THERE IS SO MUCH MISINFORMATION IN THIS POST
Sep 13th 2011
40
yea that sounded crazy but i aint wanna bubble burst
Sep 13th 2011
41
I could be wrong but I check every invoice/statement as they come in.
Sep 13th 2011
73
      you have to submit a financial statement annually. if, at the end of the...
Sep 13th 2011
84
           thx Wray. I'm sure I was saying it wrong.
Sep 13th 2011
97
           wow. if that is in fact the case, barry got my vote forever
Sep 13th 2011
114
                before i got married my required payment was $0 a month. i still got
Sep 13th 2011
136
thats what i thought...
Sep 13th 2011
46
yeah theres no way she got loan forgiveness
Sep 13th 2011
47
*checks invoice again*
Sep 13th 2011
70
      When Sallie Mae
Sep 13th 2011
74
      you're probably gonna get a bill in 6 months or some shit
Sep 13th 2011
78
           yes, they're garnishing one and the other 5 are written off
Sep 13th 2011
98
i'd teach to get out from under these MFers
Sep 13th 2011
49
**places monkey back on back**
Sep 13th 2011
51
lol
Sep 13th 2011
61
RE: THERE IS SO MUCH MISINFORMATION IN THIS POST
Sep 13th 2011
69
Your loans may be written off. That's not the same as forgiven
Sep 13th 2011
77
      not written off either
Sep 13th 2011
111
           It is income based yes, but I don't forsee myself changing jobs
Sep 13th 2011
134
                So you are going to spend the
Sep 13th 2011
142
                     please explain how you got that motivation from her not changing
Sep 13th 2011
144
                     RE: please explain how you got that motivation from her not changing
Sep 13th 2011
145
                          again, I'm not below the poverty level (link)
Sep 13th 2011
150
                     nope. and I'm not below the poverty level
Sep 13th 2011
149
                          I was only joking but...
Sep 13th 2011
151
LOL... I was about to say...lol
Sep 13th 2011
103
i do the minimum but apply extra towards the principle when i can
Sep 13th 2011
44
long haul
Sep 13th 2011
45
i'm not in a hurry at all.
Sep 13th 2011
50
No need to rush to pay them off. They dont negatively impact
Sep 13th 2011
53
so if i took a online class from now til forever
Sep 13th 2011
52
You have to be enrolled at least half-time for in-school deferment
Sep 13th 2011
55
yeah, one of two cheques went to them
Sep 13th 2011
57
this might be the move.
Sep 13th 2011
58
also it depends on your monthly payment.
Sep 13th 2011
59
mine is like $320/mo minimum
Sep 13th 2011
68
      mine is like 400/month
Sep 13th 2011
85
           whoa where they come up with this shit
Sep 13th 2011
87
                private sallie mae
Sep 13th 2011
89
                     basically. art school is expensive
Sep 13th 2011
93
                          thats why i went to DAAP.
Sep 13th 2011
94
                               i just wanted to go in-state and specifically to an art school
Sep 13th 2011
99
Pays minimum
Sep 13th 2011
63
Taking it to the grave. Bury me with my textbooks & gravity bong.
Sep 13th 2011
64
I paid the whole thing off earlier this year.
Sep 13th 2011
65
This is what I just did
Oct 25th 2011
165
I consolidated 6 out of my 7, but
Sep 13th 2011
76
ive always been taught to start with the biggest ones
Sep 13th 2011
80
Do what works for YOU!
Sep 13th 2011
81
I was all geeked until...
Sep 13th 2011
152
I do income based and update it every year
Sep 13th 2011
83
i just checked fafsa's site using anonymous cowards advice
Sep 13th 2011
86
      that's a good idea...
Sep 13th 2011
88
I pay 77.77 to sallie Mae every week...
Sep 13th 2011
92
paid them off hardcore
Sep 13th 2011
96
RE: how'd you handle your student loans?
Sep 13th 2011
100
I'm a Lawyer, so they PWN me every month
Sep 13th 2011
101
ummm....what is IBR?
Sep 13th 2011
108
      income-based repayment. you pay 15% of your income for
Sep 13th 2011
109
           public health is 10 years too.
Sep 13th 2011
112
           SONOFABITCH!! why didn't i know about that 10 years ago.
Sep 13th 2011
116
           Because Barry got it passed in 2009
Sep 13th 2011
120
                inbox
Sep 13th 2011
127
           did you have to get the loans after the bill was passed?
Sep 13th 2011
121
                it only counts on payments made after the bill was passed BUT
Sep 13th 2011
124
                     word. thanks :)
Sep 13th 2011
129
on that 25 year plan
Sep 13th 2011
102
Right now I'm on that Minimum Monthly Life Sentence!
Sep 13th 2011
104
somebody finna be salty.
Sep 13th 2011
105
lls.
Sep 13th 2011
107
lol :-(
Sep 13th 2011
110
consolidate, work for govt/nonprofit, pay min, have govt pay off in 10 y...
Sep 13th 2011
113
You'd be surprised how fast 10 years goes by...
Sep 13th 2011
118
i'm teetering
Sep 13th 2011
119
so, is she right or wrong?
Sep 13th 2011
122
i dont think anybody wants to burst her bubble.
Sep 13th 2011
123
^
Sep 13th 2011
128
It's okay; I am wrong sometimes. And I may not have all the facts
Sep 13th 2011
141
i know right....lol
Sep 13th 2011
125
i think she gets it now after wray's explanation.
Sep 13th 2011
130
See post 60, "that's why I have a garnishment..."
Sep 13th 2011
131
nah based on wray's explanation they are just income deferred...
Sep 13th 2011
      If you're deferred, you should not have a garnishment...
Sep 13th 2011
137
           i think she had several loans....
Sep 13th 2011
138
           correct
Sep 13th 2011
140
           the garnishment had already begun before I filed the papers
Sep 13th 2011
139
both
Sep 13th 2011
135
yall shld archive this post when it runs its course.
Sep 13th 2011
132
lol..at how u niggers shit on bho ery chance u get
Sep 13th 2011
146
RE: how'd you handle your student
Sep 13th 2011
147
I work in effin fin aid and I swear...
Sep 13th 2011
153
I studied physics, where the schools pay you for grad school.
Sep 13th 2011
154
caltech right?
Oct 25th 2011
168
mine is only $180 a month. I pay $200. I know ppl with ivy league loans
Sep 13th 2011
155
wow
Sep 13th 2011
156
i got ivy league loans
Sep 13th 2011
159
      ivy league? pssssh.
Oct 25th 2011
169
got a job that helps to pay them off (teacher)
Sep 13th 2011
157
bookmark
Sep 13th 2011
158
No loans
Sep 13th 2011
160
RE: how'd you handle your student loans?
Sep 13th 2011
161
i just found a way to pay slightly less/finish quicker.
Sep 16th 2011
162
i actually applied for consolidation online on wednesday....
Sep 16th 2011
163
So did the advice in here work out for anyone?
Oct 17th 2011
164
My loans = under 200/mo, wife loans = over 1000/mo
Oct 25th 2011
166
http://brightfrontier.wufoo.com/forms/get-ready-to-save-some-serious-cas...
Oct 25th 2011
167

mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 07:31 AM

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1. "TMI, but here goes:"
In response to Reply # 0


  

          

my Plan (via Wray):

1. Ask each loan bearer for your current balance and interest rate.

2. Go to: www.loanconsolidation.ed.gov and fill out all loan consolation paperwork using those figures.

3. Mail in the paper work
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -


I had 6 loans total: (Back in 2002 I consolidated a few of them (but not all 6) under Direct Loans)

Loan types:

1. Stafford Subsidized – Aug 1999 – Sallie Mae 888-272-5543

2. Stafford Unsubsidized – Aug. 1999 – Sallie Mae 888-272-5543

3. Direct Consolidated Subsidized – July 2002 – Direct Loans servicing 800-848-0979

4. Direct Consolidated- Unsubsidized – July 2002 – Direct Loans servicing 800-848-0979

5. Stafford Subsidized – Jan 2005 – National Student Loan program: 800-735-8778 ext 6300

6. Stafford Unsubsidized – Jan 2005 – National Student Loan Program 800-735-8778 ext 6300

PLEASE believe that this is a HUGE amount of money...

They wiped away everything with the exception of one that I was already being garnished for. I'm still working on a way to get rid of that one.

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:39 AM

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6. "so basically you consolidate and pay one bill?"
In response to Reply # 1


          

that makes sense cause i think i owe like 3 different agencies. the school, a bank and stafford.

blah.

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 07:43 AM

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11. "No, they send me an invoice giving me a zero balance. Gone."
In response to Reply # 6


  

          

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:45 AM

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17. "why were your loans forgiven?"
In response to Reply # 11


          

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 07:47 AM

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20. "I guess I just qualified. When you do the paperwork, it'll tell you"
In response to Reply # 17


  

          

if you qualify.

I didn't expect to qualify though, since I don't qualify for anything else (food stamps, medicaid, free/reduced lunch, etc.) but when I did, I was shocked.

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 07:49 AM

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25. "*raises hand*"
In response to Reply # 20


          

>if you qualify.
>
>I didn't expect to qualify though, since I don't qualify for
>anything else (food stamps, medicaid, free/reduced lunch,
>etc.) but when I did, I was shocked.

so like they actually said "loan forgiveness"?

wtf? am i doing wrong....lol....

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:44 AM

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62. "yup, loan forgiveness (I realize it says consolidation)"
In response to Reply # 25
Tue Sep-13-11 09:01 AM by mochalox

  

          

I'm probably explaining it all wrong. Wray could do it better.

All'z I know is that I'm good and that burden is off'a me.

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:50 AM

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26. "if it's income based, i won't qualify. "
In response to Reply # 20


          

i couldn't even get my shit deferred. lol.

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:44 AM

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60. "I couldn't either. That's why I have a garnishment."
In response to Reply # 26


  

          

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 07:46 AM

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18. "um...u have a zero balance because those were paid by...."
In response to Reply # 11
Tue Sep-13-11 07:47 AM by dapitts08

          

whichever lender took over the loans after consolidation...

they have to pay the original lender in order to consolidate them with the new lender.

your balance is with the new lender.

that is how consolidation works.

like i said in my post below.

u are more than likely in a grace period after consolidation.

*edit: unless i am missing something because yeah...i want mine "forgiven" too but i have never heard of anything like this at all...lol"

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 07:47 AM

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22. "this is loan forgiveness, not consolidation"
In response to Reply # 18


  

          

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 07:50 AM

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27. "oh ... i didn't go to the link...."
In response to Reply # 22


          

but it had consolidation in the title so that is what i assumed

*goes to click link*

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 07:54 AM

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32. "inbox."
In response to Reply # 22


          

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:51 AM

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66. "done"
In response to Reply # 32


  

          

  

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Mahogany
Charter member
56697 posts
Tue Sep-13-11 08:22 AM

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56. "who is "they" tho?"
In response to Reply # 11


  

          

BUY SOMETHING PLEASE ---> www.estherwoovintage.com

"people... please refrain from gnr'ing me. im an avid lol'er and am completely fine wit the service."

"I’m just a dreamer,
turned true to life leaner...
Born to do good so others can be believers"

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:54 AM

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67. "US Dept of Education, I believe"
In response to Reply # 56


  

          

  

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forte
Member since Jul 19th 2007
6827 posts
Tue Sep-13-11 07:45 AM

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16. "can only consolidate gov loans with the gov"
In response to Reply # 6


  

          

no private loans. and honestly, you should NEVER consolidate private student loans. just treat them shits like credit cards and pay off the highest one first. only consolidate government student loans.

- u already know

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:46 AM

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19. "i don't have any private loans, i'm using SM loosely."
In response to Reply # 16


          

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 07:48 AM

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23. "can't hurt to try it; all they can say is yes or no"
In response to Reply # 19


  

          

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 07:39 AM

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8. "what do u mean by "wipe away"?"
In response to Reply # 1


          


>They wiped away everything with the exception of one that I
>was already being garnished for. I'm still working on a way to
>get rid of that one.

like are u saying u no longer have to pay back those loans?

cause from my understanding that isn't how consolidation generally works.

are u sure you are not just in a grace period for the consolidated loan?

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 07:43 AM

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14. "#11 (loan forgiveness)"
In response to Reply # 8


  

          

  

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ternary_star
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15211 posts
Tue Sep-13-11 07:42 AM

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10. "what do you mean by "wiped away"?"
In response to Reply # 1


  

          

thankfully my student loans were almost negligible, but i'm curious what you mean when you say they wiped the big loans away.

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 07:44 AM

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15. "#11, #14"
In response to Reply # 10


  

          

  

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ambient1
Member since May 23rd 2007
41077 posts
Tue Sep-13-11 07:54 AM

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33. "whoaaaaaaaaaaaaaaaaaaaaaaaa....say what now?"
In response to Reply # 1
Tue Sep-13-11 07:58 AM by ambient1

  

          

cuz ummm...yeah...i'm currently being raped by the dept of ed bimonthly as i type this


if this works 4 me i swear i'd pay your light bill for one month

=======================================
Coolin...

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:58 AM

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71. "it worked for all but one of my loans and that's better than nothing"
In response to Reply # 33


  

          

  

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buildingblock
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100000 posts
Tue Sep-13-11 08:02 AM

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38. "archive. thanks for this"
In response to Reply # 1


  

          

...a child is born with no state of mind, blind to the ways of mankind, god is smilin' on you and frownin' too, because only god knows what you gonna do...©melle mel

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:58 AM

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72. "no prob. I hope it helps somebody!"
In response to Reply # 38


  

          

  

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Very-Effortless
Member since May 07th 2011
7452 posts
Tue Sep-13-11 09:11 AM

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79. "Are you a teacher, lawyer, doctor or in the military"
In response to Reply # 1


  

          

cause those are the only things I know of (plus the Peace Corps and AmeriCorps) that will get federal loans forgiven.

And nothing gets private loans forgiven.

~~~~~~~~~~~~~~~~~~~~
The Green Mile is a movie where the magical black man wrongly dies and the white man who let it happen lives forever.

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 09:41 AM

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90. "nope"
In response to Reply # 79


  

          

I subbed for a little less than a year about a decade ago, but that's it.

  

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lovelyone80
Member since Dec 15th 2004
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Tue Sep-13-11 09:20 AM

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82. "WAIT WAIT...how long were you paying"
In response to Reply # 1


          

before your loans were wiped away?

I am currently on the Income Based repayment under the public health loan forgiveness plan. I still have quite a few payments to make.


What loan forgiveness did you get?

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 09:42 AM

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91. "I graduated in 2000. Hadn't paid a dime. Tried defferring and was in"
In response to Reply # 82


  

          

default.

  

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lovelyone80
Member since Dec 15th 2004
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Tue Sep-13-11 11:26 AM

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115. "i think you should call them and get a letter in writing"
In response to Reply # 91


          

saying that your loans were forgiven plus some more stuff

this doesn't sound right.

i'm not sayiing you wrong but this is how ppl get fucked over.

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 12:40 PM

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126. "They send you a Powell'y letter when you get your first invoice."
In response to Reply # 115


  

          

  

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GirlChild
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117. "i consolidated mine but they didn't forgive my loans"
In response to Reply # 1


  

          

they lowered my payments for a minute but my issue with them is that they don't care if you are unable to pay the min. they wanted me to pay $600 a month, at the time that was more than half our rent. they weren't even trying to work with me. my deferment ends in nov. and they want me to start paying the $600. since they are unwilling to work with me they are just going to get what i can pay them which will be half of that.

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 01:15 PM

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133. "sorry to hear that; if your income changes, apply again"
In response to Reply # 117


  

          

  

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GirlChild
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143. "it has but i'm married now so they include his income as *my* income"
In response to Reply # 133


  

          

which i think is bullshit because they don't consider *our* mortgage when they are coming up with the monthly payment

they only way around this is if i file my taxes separately from him which ends up costing us more money because we don't get tax breaks (ha!)

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 03:56 PM

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148. "ouch.... yeah I think that's the only loophole"
In response to Reply # 143


  

          

  

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labcoat
Member since Jun 15th 2006
14585 posts
Tue Sep-13-11 07:35 AM

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2. "im doing the long way"
In response to Reply # 0


          

unfortunately
i did get on a decreased payment plan

but i may do what moch did above
and see what happens

your plan sounds good though
esp since you are living at home
i say do it

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 07:36 AM

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3. "Wray taught me and I've been able to help 2 other people with it so far."
In response to Reply # 2


  

          

It's awesome!!!

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:38 AM

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4. "it'd prolong living at home"
In response to Reply # 2


          

since i'm at home to save money to move

obviously paying sallie and then cuts into that

i didn't even consider that when i was planning out my life and finances and shit

i might just do it anyway, stay with my parents until i'm completely out of debt and then go do whatever

maybe this living arrangement bliss will have an expiration date but i'm really not pressed about moving anymore

well, not pressed enough to not get my $ together first

  

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labcoat
Member since Jun 15th 2006
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Tue Sep-13-11 07:41 AM

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9. "naw..."
In response to Reply # 4
Tue Sep-13-11 07:46 AM by labcoat

          

i just did the math
aint no way im staying there that long (5yrs)
lol

------------------------
see i wish i wasnt all in love and moved all
quick because i so should have stayed home and paid
my loans off
but i didnt

let me go look into the math
and see whats it's looking like
if i move with my 'rents

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:59 AM

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35. "5 yrs can fly by!"
In response to Reply # 9


          

lol nah i feel you

if mama babz bust through my door without knocking again imma say fuck everything and get me an apt

  

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labcoat
Member since Jun 15th 2006
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42. "lol seee...."
In response to Reply # 35


          

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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AnonymousCoward
Member since Sep 17th 2002
15394 posts
Tue Sep-13-11 07:38 AM

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5. "I can give very specific advice if you'd like to inbox me"
In response to Reply # 0


  

          

http://clydefrazierapproves.com/
http://stylepoints.tumblr.com/

"Like 4 out of 5 things you say on OKP offend me." -FireBrand

  

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tomjohn29
Member since Oct 18th 2004
16819 posts
Tue Sep-13-11 07:39 AM

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7. "my first job...."
In response to Reply # 0


  

          

i took an 18 month assignment in another state
per diem was crazy and i got all types of overtime and allowance
tripled my loan payements over the 18 months
now only got a year left on payments

______________________________________

Navem nu, cuando sol
Tutu nu, vondo nos nu
Vita em, no continous non
Nos nu ekta nos sepe ta, amen

When the sun shades the ship
We sweat and life is not safe
To swim or to touch not
When we unite we hedge amen

  

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Binlahab
Charter member
182956 posts
Tue Sep-13-11 07:43 AM

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12. "ill be paying em til its time for my kids to get theirs"
In response to Reply # 0


  

          

then ill be paying those til i drop dead

  

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BurbKnight
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Tue Sep-13-11 10:50 AM

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106. "I'mma TRY to raise my kid nerd style......"
In response to Reply # 12


  

          

or have them running sprints everyday.... I need them to get scholarships.


  

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forte
Member since Jul 19th 2007
6827 posts
Tue Sep-13-11 07:43 AM

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13. "why rush to pay them off?"
In response to Reply # 0


  

          

granted i don't have any since uncle sam paid off mine but i don't see any reason for tying up good money trying to double up on a student loan payment that won't bring you any r.o.i.
shit obama said he had just paid his off the year before he became president.
plus you get the tax write off on the interest and shit.
use it to your advantage
that's actually one of the reasons i haven't gone back to get my doctorate. i can't see having 120k in student loans and only getting a 20k a year pay increase because of the degree. that shit is a mortgage in some areas.

- u already know

  

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AnonymousCoward
Member since Sep 17th 2002
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Tue Sep-13-11 07:47 AM

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21. "Very few people actually pay for a Doctorate"
In response to Reply # 13
Tue Sep-13-11 07:52 AM by AnonymousCoward

  

          

While you're in school, your old loans will be deferred. The Subsidized loans will stop accruing interest. If you have the means to to so, you can still make payments while in an in-school deferrment. You might actually save some money by going back to schoo

http://clydefrazierapproves.com/
http://stylepoints.tumblr.com/

"Like 4 out of 5 things you say on OKP offend me." -FireBrand

  

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forte
Member since Jul 19th 2007
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Tue Sep-13-11 09:03 AM

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75. "not true at all"
In response to Reply # 21


  

          

most people do pay for their doctorates. most people who go to elite schools for doctorates do not. there are more non-elite schools than there are elites. shit university of phoenix and all those other online schools are printing masters and doctorates like monopoly money. you can't tell me those schools have endowments to fund doctorate education.

- u already know

  

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AnonymousCoward
Member since Sep 17th 2002
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Tue Sep-13-11 10:09 AM

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95. "You're right about the for-profits, but at non-profits"
In response to Reply # 75


  

          

most doctoral candidates WORK for their tuition. You pay by teaching classes or doing research. In fact, most doctoral candidates actually get a stipend.

http://clydefrazierapproves.com/
http://stylepoints.tumblr.com/

"Like 4 out of 5 things you say on OKP offend me." -FireBrand

  

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labcoat
Member since Jun 15th 2006
14585 posts
Tue Sep-13-11 07:48 AM

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24. "this is true also"
In response to Reply # 13


          

i love that tax writeoff
during taxes time

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:51 AM

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29. "thats why i said some people treat em like life sentences"
In response to Reply # 13


          

i just hate owing people money

i don't do credit and shit like that

salty i ever had to take them out, really

  

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Damali
Member since Sep 12th 2002
35982 posts
Tue Sep-13-11 07:58 AM

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34. "there's good debt and bad debt"
In response to Reply # 29


          

good debt earns you money in the long run, bad debt makes you lose it.

take credit cards ,for instance. most people see them as bad debt..and yes, when used incorrectly, they can get you in alot of trouble. the key is to not spend more on your card than you earn in a month.

but they are actually good debt, especially the rewards cards. the right way to use a Rewards credit card is to pay all your bills with it, and use it for almost all of your daily spending, groceries etc, then pay it off completely every month (or week or whatever) with your paycheck. this way you reap the rewards (mine is $1 back for every $100 spent) without owing any interest to the credit card company. and if you make sure it's a card with no annual fee, the bank will essentially be paying you for using their card.



d
~~~~~~~~~~~~~~
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body. But rather, to skid in broadside, thoroughly used up,totally worn out, and loudly proclaiming .... WOW what a ride." — Mark Frost

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 08:01 AM

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37. "i'm scared of credit cards"
In response to Reply # 34


          

i have had them in the past and i have a tendency to just forget to pay the bills, even if i have the money

i'm just not good with deadlines in that way

and seeing as how not paying one bill one time on time can fuck everything up

man, i dont like that kind of pressure

plus the islamic way kinda stuck with me

  

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labcoat
Member since Jun 15th 2006
14585 posts
Tue Sep-13-11 08:08 AM

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43. "get a credit card through your bank account"
In response to Reply # 37


          

thats what i did
i dont have the rewards like damali
is saying
but since i can see the balance on the card
everytime i log in to check my bank acct
i know when it's due

but i do what damali say
and use it to pay for my gas and groceries
every month

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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Damali
Member since Sep 12th 2002
35982 posts
Tue Sep-13-11 08:16 AM

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48. "omg get a rewards card, stat!"
In response to Reply # 43
Tue Sep-13-11 08:16 AM by Damali

          

seriously, research a good one, transfer your balance, and cut that useless card up.

you are missing out on so much free money.

d

~~~~~~~~~~~~~~
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body. But rather, to skid in broadside, thoroughly used up,totally worn out, and loudly proclaiming .... WOW what a ride." — Mark Frost

  

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labcoat
Member since Jun 15th 2006
14585 posts
Tue Sep-13-11 08:21 AM

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54. "yeah i know"
In response to Reply # 48


          

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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B9
Charter member
43124 posts
Tue Sep-13-11 07:51 AM

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28. "Unless you have no other debt, no reason to pay them early"
In response to Reply # 0


          

It's the cheapest of debt; it's free money. Unless you either have zero other debts (including mortgage payments), the interest cost of student loans is bellow inflation (most times), so why pay more than the max and incur a penalty on the value of your money? As long as you are in good standing, it's not seen as a negative on your credit reports and you can do alot better for yourself using that extra payment money on other things (savings).

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 07:52 AM

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31. "i don't have any other debt, but i would prefer to save it"
In response to Reply # 28


          

you're right, there is no real advantage as far as credit is concerned

i guess it's just a personal thing

maybe i should just have the minimum withdrawn from my account monthly and just attempt to forget about it

  

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B9
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36. "Budgeting to pay the minimum isnt difficult"
In response to Reply # 31


          

and just put that much more in savings, maybe a high-yield ING or Citi online savings account, which you can draw on when you need it. You'll never get back that extra money youre paying into student loans.

That said, I pay an extra $100 or so a month on my car note just to get it over with, even though the interest is negligible. I understand the feeling of having those numbers hanging over your head.

  

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Damali
Member since Sep 12th 2002
35982 posts
Tue Sep-13-11 07:51 AM

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30. "inbocks."
In response to Reply # 0


          


~~~~~~~~~~~~~~
"Life is not a journey to the grave with the intention of arriving safely in a pretty and well-preserved body. But rather, to skid in broadside, thoroughly used up,totally worn out, and loudly proclaiming .... WOW what a ride." — Mark Frost

  

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buildingblock
Charter member
100000 posts
Tue Sep-13-11 08:02 AM

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39. "default"
In response to Reply # 0


  

          

...a child is born with no state of mind, blind to the ways of mankind, god is smilin' on you and frownin' too, because only god knows what you gonna do...©melle mel

  

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AnonymousCoward
Member since Sep 17th 2002
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Tue Sep-13-11 08:02 AM

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40. "THERE IS SO MUCH MISINFORMATION IN THIS POST"
In response to Reply # 0


  

          

Listen to this advice and fuck your credit up if you want.

Fact: You can only have student loans forgiven in three cases

-You are a teacher in a qualified school or a public servant who has already made 120 successful payments.

-You have been deemed permanently disabled.

-You entered income based (not income contingent, but income based, which only went into effect in 2009)and made payments for 25 years. At the end of 25 years, any unsatisfied debt it forgiven.

Mofos who think they had their shit forgiven have simply gone into forbearance or defaulted and been sent to collections. It's possible to that the debt was written off, so there is no active collection, but your credit is fucked.

http://clydefrazierapproves.com/
http://stylepoints.tumblr.com/

"Like 4 out of 5 things you say on OKP offend me." -FireBrand

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 08:04 AM

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41. "yea that sounded crazy but i aint wanna bubble burst"
In response to Reply # 40


          

they dont even get rid of student loans when you file bankrupcy

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 09:00 AM

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73. "I could be wrong but I check every invoice/statement as they come in."
In response to Reply # 41


  

          

It has been a year and still I have a zero balance.

  

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wray
Member since Jun 05th 2002
20655 posts
Tue Sep-13-11 09:27 AM

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84. "you have to submit a financial statement annually. if, at the end of the..."
In response to Reply # 73


  

          

25 year period, your income has never been deemed sufficiant to make payments (and it will be when shorty hits 18) then its completely forgiven.
as of right now its income deferred.
one of the great programs initiated under the President that folks like to say does nothing.
.........................................................................................
Someone I loved once gave me
a box full of darkness.

It took me years to understand
that this, too, was a gift.

Mary Oliver

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 10:17 AM

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97. "thx Wray. I'm sure I was saying it wrong."
In response to Reply # 84


  

          

  

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Binlahab
Charter member
182956 posts
Tue Sep-13-11 11:20 AM

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114. "wow. if that is in fact the case, barry got my vote forever"
In response to Reply # 84


  

          

i wonder what the income levels have to be?


do or die

  

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wray
Member since Jun 05th 2002
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Tue Sep-13-11 01:19 PM

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136. "before i got married my required payment was $0 a month. i still got "
In response to Reply # 114


  

          

a bill but it read: amout due: $0
thing is, the lenders wouldt TELL you about it, you had to ask.
he passed that the first summer.
.........................................................................................
Someone I loved once gave me
a box full of darkness.

It took me years to understand
that this, too, was a gift.

Mary Oliver

  

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Mahogany
Charter member
56697 posts
Tue Sep-13-11 08:12 AM

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46. "thats what i thought..."
In response to Reply # 40


  

          

BUY SOMETHING PLEASE ---> www.estherwoovintage.com

"people... please refrain from gnr'ing me. im an avid lol'er and am completely fine wit the service."

"I’m just a dreamer,
turned true to life leaner...
Born to do good so others can be believers"

  

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hardware
Member since May 22nd 2007
42305 posts
Tue Sep-13-11 08:16 AM

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47. "yeah theres no way she got loan forgiveness"
In response to Reply # 40
Tue Sep-13-11 08:17 AM by hardware

          

no way at all

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:56 AM

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70. "*checks invoice again*"
In response to Reply # 47


  

          

*shrugs*

  

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Shelly
Charter member
15886 posts
Tue Sep-13-11 09:02 AM

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74. "When Sallie Mae"
In response to Reply # 70


  

          

purchased my loans from Chase, I received an invoice as well stating I did not owe Chase any money. My credit report showed them zeroing out as well, now it just has two balances, my subsidized and unsubsidized. I did receive a letter from Sallie Mae when my forbearance was up, stating I owed them my life now.


Shit happens

  

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hardware
Member since May 22nd 2007
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Tue Sep-13-11 09:09 AM

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78. "you're probably gonna get a bill in 6 months or some shit"
In response to Reply # 70
Tue Sep-13-11 09:10 AM by hardware

          

they already garnishing

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 10:19 AM

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98. "yes, they're garnishing one and the other 5 are written off"
In response to Reply # 78


  

          

There won't be an invoice for the other 5. It's already been a year.

  

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Binlahab
Charter member
182956 posts
Tue Sep-13-11 08:16 AM

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49. "i'd teach to get out from under these MFers"
In response to Reply # 40


  

          

put me in a class of knuckleheads on some they called me crazy joe now call me batman shit

  

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ambient1
Member since May 23rd 2007
41077 posts
Tue Sep-13-11 08:18 AM

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51. "**places monkey back on back**"
In response to Reply # 40


  

          

=======================================
Coolin...

  

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Shelly
Charter member
15886 posts
Tue Sep-13-11 08:44 AM

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61. "lol"
In response to Reply # 40


  

          

I cam here to post this after reading the consolidation story. The damn link takes you to a site where it clearly states it is being consolidated.

Shit happens

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 08:55 AM

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69. "RE: THERE IS SO MUCH MISINFORMATION IN THIS POST"
In response to Reply # 40


  

          

strange 'cuz I don't fit in any of those three categories...

but ok.

  

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AnonymousCoward
Member since Sep 17th 2002
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Tue Sep-13-11 09:07 AM

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77. "Your loans may be written off. That's not the same as forgiven"
In response to Reply # 69


  

          

The fact that you have a garnishment means that you have already defaulted on one or more loans. If you'd like to know the TRUE status of each of your federal student loans, you can find it at:

http://www.nslds.ed.gov/nslds_SA/

accessing it requires that you know your federal student aid PIN. If you don't know your pin, go to pin.ed.gov, and click "request a duplicate pin" on the left side. If your pin has been deactivated, you can create a new one, but you won't be able to check NSLDS for 24-72 hours.

http://clydefrazierapproves.com/
http://stylepoints.tumblr.com/

"Like 4 out of 5 things you say on OKP offend me." -FireBrand

  

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Shelly
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Tue Sep-13-11 11:09 AM

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111. "not written off either"
In response to Reply # 77


  

          

she has to submit annual financial records. Some special type of deferment. Once she goes over a certain amount of income, they are going to put him/her back on a payment plan.



Shit happens

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 01:16 PM

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134. "It is income based yes, but I don't forsee myself changing jobs"
In response to Reply # 111


  

          

anytime soon, so I'm good.

  

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Shelly
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Tue Sep-13-11 01:41 PM

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142. "So you are going to spend the"
In response to Reply # 134


  

          

next 25 years making below poverty level in order to avoid paying your student loan. LOL1 Good Luck with that. Always remember this is the government and they can or will change the rules.

  

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wray
Member since Jun 05th 2002
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Tue Sep-13-11 02:00 PM

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144. "please explain how you got that motivation from her not changing"
In response to Reply # 142


  

          

jobs?
she aint say all'a that.
.........................................................................................
Someone I loved once gave me
a box full of darkness.

It took me years to understand
that this, too, was a gift.

Mary Oliver

  

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Shelly
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Tue Sep-13-11 02:22 PM

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145. "RE: please explain how you got that motivation from her not changing"
In response to Reply # 144
Tue Sep-13-11 02:24 PM by Shelly

  

          

TMI, but here goes:"
In response to Reply # 0




my Plan (via Wray):

1. Ask each loan bearer for your current balance and interest rate.

2. Go to: www.loanconsolidation.ed.gov and fill out all loan consolation paperwork using those figures.

3. Mail in the paper work
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -


I had 6 loans total: (Back in 2002 I consolidated a few of them (but not all 6) under Direct Loans)

Loan types:

1. Stafford Subsidized – Aug 1999 – Sallie Mae 888-272-5543

2. Stafford Unsubsidized – Aug. 1999 – Sallie Mae 888-272-5543

3. Direct Consolidated Subsidized – July 2002 – Direct Loans servicing 800-848-0979

4. Direct Consolidated- Unsubsidized – July 2002 – Direct Loans servicing 800-848-0979

5. Stafford Subsidized – Jan 2005 – National Student Loan program: 800-735-8778 ext 6300

6. Stafford Unsubsidized – Jan 2005 – National Student Loan Program 800-735-8778 ext 6300

PLEASE believe that this is a HUGE amount of money...

They wiped away everything with the exception of one that I was already being garnished for. I'm still working on a way to get rid of that one.


@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@

Earning below the poverty level for the next 20 + years is the only way her plan works. She typed this, not me. Also she stated she's not planning on changing jobs anytime soon... I guess YOU should have explained it to her more carefully and she wouldn't be running rampant in this post giving bad advice and answers.

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 04:00 PM

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150. "again, I'm not below the poverty level (link)"
In response to Reply # 145


  

          

http://www.coverageforall.org/pdf/FHCE_FedPovertyLevel.pdf

I've got a family of two and I make more than what they've got listed here.

  

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mochalox
Member since Mar 16th 2004
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Tue Sep-13-11 03:57 PM

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149. "nope. and I'm not below the poverty level"
In response to Reply # 142


  

          

if I were, I'd qualify for food stamps, medicaid, free/reduced lunch...

but they all say I make too much

:-/

  

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Shelly
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Tue Sep-13-11 04:38 PM

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151. "I was only joking but..."
In response to Reply # 149
Tue Sep-13-11 04:39 PM by Shelly

  

          

this is the financial requirement for your loans to be in the type of forebearance that it is in.

https://www.dl.ed.gov/borrower/DefermentFormList.do?cmd=doViewRequirements&wizardName=Economic Hardship Deferment


Deferment Requirements
Economic Hardship Deferment
< Back to Deferment List

Eligibility Requirements
Maximum Time Limit: 36 months

Must Reapply: Every 12 months (unless you qualify under Condition #3 below)

Requirements. To qualify, you must meet one of the conditions listed below and provide the required documentation for only that condition.

1.You have been granted an Economic Hardship Deferment on a loan made under the Federal Family Education Loan (FFEL) or the Federal Perkins Loan Program for the period of time for which you are now requesting an Economic Hardship Deferment for your Direct Loan(s). 2.You are receiving payment under a federal or state public assistance program, such as Temporary Assistance for Needy Families (TANF), Supplemental Security Income (SSI), Food Stamps, or state general public assistance.
3.You are serving as a Peace Corps volunteer.
4.You are working full-time and your total monthly gross income from employment must be less than or equal to the larger of (A) the monthly minimum wage rate or (B) 150% of the Poverty Guideline amount for your family size and state, as shown in the charts below.
(A) Federal Minimum Wage
Hourly Rate
$7.25 Monthly Rate
$1,256.67 Annual Rate
$15,080.00

(B) 150 % of Monthly Poverty Guidelines
Family Size 48 Contiguous States and D.C. Alaska Hawaii
1 $1,361.25 $1,700.00 $1,567.50
2 1,838.75 2,297.50 2,116.25
3 2,316.25 2,895.00 2,665.00
4 2,793.75 3,492.50 3,213.75
5 3,271.25 4,090.00 3,762.50
6 3,748.75 4,687.50 4,311.25
7 4,226.25 5,285.00 4,860.00
8 4,703.75 5,882.50 5,408.75
For each additional person, add 477.50 597.50 548.75


You can use the interactive download button on the top of this page to pre-qualify online
Certifications/Documents Required
•Complete, sign and date your form and send it to:

Direct Loan Servicing Center
Borrower Services Department
P.O. Box 5609
Greenville, TX 75403-5609
•Include with your application the information described below:
◦Condition #1: No additional documentation is required. We will confirm that you have been granted an Economic Hardship Deferment on a loan made under the FFEL Program or the Federal Perkins Loan Program.
◦Condition #2: Evidence of federal or state public assistance program payments.
◦Condition #3: Evidence to certify your period of service in the Peace Corps.
◦Condition #4: Evidence of your income. If you are reporting monthly income from employment and other sources, you must provide documentation such as pay stubs. If you are reporting one-twelfth of your adjusted gross income, you must provide a copy of your most recently filed Federal Income Tax Return.

Back to Deferment List

  

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Case_One
Charter member
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Tue Sep-13-11 10:33 AM

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103. "LOL... I was about to say...lol"
In response to Reply # 40


          

.
.

Life is Good.

  

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MrThomas43423
Member since Jul 03rd 2002
67613 posts
Tue Sep-13-11 08:09 AM

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44. "i do the minimum but apply extra towards the principle when i can"
In response to Reply # 0


  

          

usually every month i apply an extra $50 to the principle. sometimes if i have extra, i add extra. its made a difference.
---------------------------------------
laugh now, cry never.
nevermind, nice guys finish fine.

not compassionate....only polite.

I am not like you at all and i cannot pretend.

  

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hardware
Member since May 22nd 2007
42305 posts
Tue Sep-13-11 08:11 AM

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45. "long haul"
In response to Reply # 0


          

my fucking cosigner filed bankrupcy so now i have to pay out 1/4 of my earnings every month

  

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woe.is.me.
Member since Aug 06th 2007
13957 posts
Tue Sep-13-11 08:16 AM

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50. "i'm not in a hurry at all."
In response to Reply # 0


  

          

---
www.ikirejones.com
FW16: After Migration.

  

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CountryRapTunes
Member since Oct 19th 2004
18949 posts
Tue Sep-13-11 08:20 AM

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53. "No need to rush to pay them off. They dont negatively impact "
In response to Reply # 50


  

          

your credit and the interest rates are pretty low.

  

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Binlahab
Charter member
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Tue Sep-13-11 08:20 AM

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52. "so if i took a online class from now til forever"
In response to Reply # 0


  

          

& kept paying my lil mininums...would interest still accrue?

i mean im IN school still.

technically.


do or die

  

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AnonymousCoward
Member since Sep 17th 2002
15394 posts
Tue Sep-13-11 08:21 AM

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55. "You have to be enrolled at least half-time for in-school deferment"
In response to Reply # 52


  

          

Subsidized loans stop accruaing interest. Unsubsidized loans don't.

http://clydefrazierapproves.com/
http://stylepoints.tumblr.com/

"Like 4 out of 5 things you say on OKP offend me." -FireBrand

  

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nayaa
Member since Oct 06th 2009
20190 posts
Tue Sep-13-11 08:23 AM

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57. "yeah, one of two cheques went to them"
In response to Reply # 0


  

          

i had a ridiculous amount to pay off

if i had paid the minimum, i think they said it would take 27 years? some stupid shit like that.

so i did it in 2

~
IG: @fireysky

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 08:26 AM

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58. "this might be the move."
In response to Reply # 57


          

  

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Mahogany
Charter member
56697 posts
Tue Sep-13-11 08:37 AM

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59. "also it depends on your monthly payment."
In response to Reply # 0


  

          

I pay like $100 a month so could give a fuck really

I have a friend that pays like $700 lol

BUY SOMETHING PLEASE ---> www.estherwoovintage.com

"people... please refrain from gnr'ing me. im an avid lol'er and am completely fine wit the service."

"I’m just a dreamer,
turned true to life leaner...
Born to do good so others can be believers"

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 08:54 AM

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68. "mine is like $320/mo minimum"
In response to Reply # 59


          

which i think is crazy cause i dont make that much money

  

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labcoat
Member since Jun 15th 2006
14585 posts
Tue Sep-13-11 09:29 AM

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85. "mine is like 400/month"
In response to Reply # 68


          

and thats with a lower monthy payment plan


without out it would be 600/month

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 09:36 AM

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87. "whoa where they come up with this shit"
In response to Reply # 85


          

  

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labcoat
Member since Jun 15th 2006
14585 posts
Tue Sep-13-11 09:40 AM

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89. "private sallie mae"
In response to Reply # 87


          

i went to a catholic university

--------------
Daren, I'll never forget you
http://www.fayemurman.com/extras/magee/daren/

  

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hardware
Member since May 22nd 2007
42305 posts
Tue Sep-13-11 10:03 AM

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93. "basically. art school is expensive"
In response to Reply # 89


          

  

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flora
Member since Sep 06th 2009
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Tue Sep-13-11 10:09 AM

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94. "thats why i went to DAAP."
In response to Reply # 93


          

  

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hardware
Member since May 22nd 2007
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Tue Sep-13-11 10:20 AM

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99. "i just wanted to go in-state and specifically to an art school"
In response to Reply # 94
Tue Sep-13-11 10:22 AM by hardware

          

it was *cheaper
i had two scholarships and lost them in the first year

at the time i didnt care how much it cost
even now i dont regret it
i regret failing so many classes extending my stay to 5.5 years

but shit
these loans killin me

it wouldnt be so bad if my cosigner hadnt fucked me up
talk about some shit backfiring
i was the one scared i was gonna fuck HIM up

i'd be paying $200 a month instead of $550

if i woulda went to state, i'd be good and probably wack as hell artistically

  

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Shelly
Charter member
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Tue Sep-13-11 08:47 AM

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63. "Pays minimum"
In response to Reply # 0


  

          

plus $100 every month. Throws what's left over in pocket change in as well at the end of the month. Sallie Mae let's you do electronic payments via Internet. So it's not hard to throw an extra $20 or $50 at it each month. Since I was unemplyed it went from $40's something to low $60's. Trying to get it down to $20's before I buy a house. It is my only source of credit though, I hate credit cards.

  

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TheRealBillyOcean
Charter member
38225 posts
Tue Sep-13-11 08:48 AM

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64. "Taking it to the grave. Bury me with my textbooks & gravity bong."
In response to Reply # 0


          

<---https://www.amazon.com/dp/B01DL9AVTQ

  

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Anfernee
Member since Nov 11th 2004
24780 posts
Tue Sep-13-11 08:51 AM

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65. "I paid the whole thing off earlier this year."
In response to Reply # 0


  

          

I had the money in the bank, so why not?

I was like... Fuck it, I'm just gonna get this over and done with. I ain't paying no more of their bullshit additional annual fees and shit.

_________________________________________________________

http://www.angryasianman.com

  

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Brother Rabbit
Member since Oct 31st 2007
1617 posts
Tue Oct-25-11 11:57 AM

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165. "This is what I just did"
In response to Reply # 65


  

          

>I had the money in the bank, so why not?
>
>I was like... Fuck it, I'm just gonna get this over and done
>with. I ain't paying no more of their bullshit additional
>annual fees and shit.
- True indeed.

______________________________

They're bureaucrats! I don't respect them.(c)Rick Sanchez

  

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k_orr
Charter member
80197 posts
Tue Sep-13-11 09:03 AM

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76. "I consolidated 6 out of my 7, but"
In response to Reply # 0


  

          

I will say, getting the statement for loan #7 every month, and seeing that I could do some damage to that balance, made me dig deeper into making the statement look pretty. It was a psychological boost to smash that # down. Did a dance in the office when I paid it off.

My big loan? The one that keeps me trapped doing work I don't like, with people I don't like, for hours on end?

That's a big chunk out of my disposable income every month, and it's like the needle barely budges.

Maybe, just maybe, if I would have consolidated just 3, I would have knocked out more of it at this point.

But a strategy I know that works
- pay off the smallest one first
- roll that money over into the next smallest one.

one
k. orr

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 09:16 AM

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80. "ive always been taught to start with the biggest ones"
In response to Reply # 76


          

thats how i got out of credit card debt

i guess really the end is the same

you pay something off and have the extra $ to pay toward the balance of another

  

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Very-Effortless
Member since May 07th 2011
7452 posts
Tue Sep-13-11 09:20 AM

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81. "Do what works for YOU!"
In response to Reply # 0


  

          

My uncle (who has a bachelors, a masters, a law degree and a ton of student debt) told me he treats his student loan bills like the electricity bill. Pay that shit or the lights are gonna be turned off. He paid the minimum for like 10 years then one year looked at his principal and realized he had enough money in the bank to pay it all off and did just that.

Don't rush to try to pay it all off. Do what you can do for now. In ten years, you'll be balling and realize you can pay that shit off and be done with it.

Second, you can only consolidate public loans together, like someone above said. you CANNOT consolidate Sallie Mae + Fed + whatever else.

After you consolidate, get on the income repayment plan (I don't know if that's exactly what it's called) but basically if you pay 15% of your income for 25 years the rest of the balance of the loan will be forgiven.



~~~~~~~~~~~~~~~~~~~~
The Green Mile is a movie where the magical black man wrongly dies and the white man who let it happen lives forever.

  

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HeavenLei
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Tue Sep-13-11 05:04 PM

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152. "I was all geeked until..."
In response to Reply # 81


  

          

>After you consolidate, get on the income repayment plan (I
>don't know if that's exactly what it's called) but basically
>if you pay 15% of your income for 25 years the rest of the
>balance of the loan will be forgiven.
>


is this before or after taxes? Because umm... I'd be fucked converting to this based on my gross income. I think I do better paying like I already do. I've socked several loans away already, and will pay off another by next month. I'm trying to kick these loans in the nuts one by one and have a steadily decreasing payment until it's nil.




<-----YUM

  

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lovelyone80
Member since Dec 15th 2004
50065 posts
Tue Sep-13-11 09:26 AM

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83. "I do income based and update it every year"
In response to Reply # 0


          

I have do to at the mininmum income based to qualify for the public health loan forgiveness.

after 120 payments, I'm done regardless of how much I pay. I will save about $15K this way...unless I start making 100K a year, then i will probably end up paying it all back. I didn't borrow that much for grad school.

But i pay monthly, no doubling up or anything. I don't have time for all that. I want to pay the least.

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 09:32 AM

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86. "i just checked fafsa's site using anonymous cowards advice"
In response to Reply # 83


          

and it turns out i'd been paying "the standard" as opposed to my income based amount whch is much lower

im just gonna do that and really not worry about it

put the money in savings cause if im ever in need it'll be nice to have cushion, not 1/2 paid loans lol

  

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lovelyone80
Member since Dec 15th 2004
50065 posts
Tue Sep-13-11 09:37 AM

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88. "that's a good idea..."
In response to Reply # 86


          

you can always change your loan repayment options. People act like they don't have a lot of choices when it comes to student loans from the government and that's not true at all.

if you just ignore that shit and wait until they want to garnish you, of course they will be harder on your and you dont' have those options but you can call them anytime and work something out and find out your options. The fed government loans are really the best ones because the interest is lower and they make it easy to ask for deferment all the time.

  

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nobodydoesitbetter
Member since Apr 19th 2006
27389 posts
Tue Sep-13-11 10:01 AM

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92. "I pay 77.77 to sallie Mae every week..."
In response to Reply # 0


  

          

I have a really low interest rate.

But at this point, my Ira isn't making me any money.

So whatever I have leftover after i fully fund my retirement account for the yr will prob go to sallie Mae.

I have a 6 mo emergency fund. 3% interest checking but that's barely nothing as far as return.

So 77.77 every week + reassess at the end of the year/when I do or guesttimate taxes.

I'm not going to pay much more than the minimum, just slightly and only cause theres no good place to keep money right now.

Oh yeah I took anonymous cowards advice ftw last year and it was one of the reason I paid no taxes.

  

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Iwasmadeto
Charter member
23433 posts
Tue Sep-13-11 10:12 AM

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96. "paid them off hardcore"
In response to Reply # 0


  

          

psst!

  

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orchid730
Member since Jul 13th 2011
86 posts
Tue Sep-13-11 10:22 AM

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100. "RE: how'd you handle your student loans?"
In response to Reply # 0


          

whatever you do, DONT default on your student loans. The governemnt will eat out of your paychecks. take away your tax refund and royally screw over your credit report

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
https://www.etsy.com/shop/EmbellishedMemoriesD?ref=si_shop
http://emdesigns.tumblr.com/

  

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TruOne
Member since Jun 29th 2002
14278 posts
Tue Sep-13-11 10:30 AM

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101. "I'm a Lawyer, so they PWN me every month"
In response to Reply # 0


  

          

Thankfully I work for the Gubment so I qualify for IBR. If I stick with THE MAN for 10 years, then they'll wipe out my Federal loans.

PRIVATE?

Nah, them fuckers is going to the grave with me. I need to rob a bank or hit a BIG CASE to pay them bitches off.

- - - Begin Sig. - - -

"Courage doesn't always roar. Sometimes courage is that little voice at the end of the day that says, 'I'll try again tomorrow.'" ~ ~ Anne Radmacher

  

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MrThomas43423
Member since Jul 03rd 2002
67613 posts
Tue Sep-13-11 10:59 AM

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108. "ummm....what is IBR?"
In response to Reply # 101


  

          


---------------------------------------
laugh now, cry never.
nevermind, nice guys finish fine.

not compassionate....only polite.

I am not like you at all and i cannot pretend.

  

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Very-Effortless
Member since May 07th 2011
7452 posts
Tue Sep-13-11 11:01 AM

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109. "income-based repayment. you pay 15% of your income for"
In response to Reply # 108


  

          

x amount of years and they kill your student loan debt all together.

For private sector its 25 years. for govt sector its 10 years.

~~~~~~~~~~~~~~~~~~~~
The Green Mile is a movie where the magical black man wrongly dies and the white man who let it happen lives forever.

  

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lovelyone80
Member since Dec 15th 2004
50065 posts
Tue Sep-13-11 11:19 AM

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112. "public health is 10 years too. "
In response to Reply # 109


          

  

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MrThomas43423
Member since Jul 03rd 2002
67613 posts
Tue Sep-13-11 11:27 AM

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116. "SONOFABITCH!! why didn't i know about that 10 years ago."
In response to Reply # 109


  

          

i'd have my shit paid off in 2 more years.
---------------------------------------
laugh now, cry never.
nevermind, nice guys finish fine.

not compassionate....only polite.

I am not like you at all and i cannot pretend.

  

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AnonymousCoward
Member since Sep 17th 2002
15394 posts
Tue Sep-13-11 11:55 AM

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120. "Because Barry got it passed in 2009"
In response to Reply # 116


  

          

http://clydefrazierapproves.com/
http://stylepoints.tumblr.com/

"Like 4 out of 5 things you say on OKP offend me." -FireBrand

  

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Mahogany Soul
Member since Oct 10th 2002
1961 posts
Tue Sep-13-11 12:41 PM

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127. "inbox"
In response to Reply # 120


  

          

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 12:02 PM

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121. "did you have to get the loans after the bill was passed?"
In response to Reply # 109


          

or can you qualify for loans you already have?

i do freelance government work now but I will so work to get actually hired on if this is the case.

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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lovelyone80
Member since Dec 15th 2004
50065 posts
Tue Sep-13-11 12:21 PM

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124. "it only counts on payments made after the bill was passed BUT"
In response to Reply # 121


          

its for loans you got whenever.

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 12:57 PM

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129. "word. thanks :)"
In response to Reply # 124


          

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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monifah
Charter member
10010 posts
Tue Sep-13-11 10:31 AM

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102. "on that 25 year plan"
In response to Reply # 0


  

          

Back in the late 90's I consolidated my loans with Sallie Mae cause I didn't know any better, now I'm basically fucked for life. I was almost in tears when I found out that I met all of the qualifications for the student loan forgiveness program EXCEPT I had the wrong kind of loans. My only option was the plan where they forgive whatever is left over after 25 years, which brought my payments down about $60. I don't even care anymore.

I don't believe in luck, I believe in Jesus...(c)Farnsworth Bentley

  

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Case_One
Charter member
54687 posts
Tue Sep-13-11 10:35 AM

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104. "Right now I'm on that Minimum Monthly Life Sentence!"
In response to Reply # 0


          

But once I get things back in order and under control, I'm going to hit hard like Rick Ross!

.
.

Life is Good.

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 10:36 AM

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105. "somebody finna be salty."
In response to Reply # 0


          

  

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lovelyone80
Member since Dec 15th 2004
50065 posts
Tue Sep-13-11 10:56 AM

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107. "lls. "
In response to Reply # 105


          

  

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Mahogany
Charter member
56697 posts
Tue Sep-13-11 11:03 AM

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110. "lol :-("
In response to Reply # 105


  

          

BUY SOMETHING PLEASE ---> www.estherwoovintage.com

"people... please refrain from gnr'ing me. im an avid lol'er and am completely fine wit the service."

"I’m just a dreamer,
turned true to life leaner...
Born to do good so others can be believers"

  

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Gangsta Mittens
Member since Sep 03rd 2005
15594 posts
Tue Sep-13-11 11:19 AM

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113. "consolidate, work for govt/nonprofit, pay min, have govt pay off in 10 y..."
In response to Reply # 0


          

i wanted to do nonprofit/govt work so it isn't a big deal really. I just pay the minimum and in 10 years the govt wipes it away.

---

www.gangstamittens.com

  

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FLUIDJ
Member since Sep 18th 2002
44721 posts
Tue Sep-13-11 11:28 AM

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118. "You'd be surprised how fast 10 years goes by..."
In response to Reply # 0


  

          

  

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LittleTortilla
Charter member
25462 posts
Tue Sep-13-11 11:29 AM

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119. "i'm teetering"
In response to Reply # 0


          

I'm still running the numbers on waiting for 2017 for forgiveness versus paying off early. Basically figuring out the interest cost and doing whatever is cheapest.

  

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buildingblock
Charter member
100000 posts
Tue Sep-13-11 12:09 PM

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122. "so, is she right or wrong? "
In response to Reply # 0


  

          

...a child is born with no state of mind, blind to the ways of mankind, god is smilin' on you and frownin' too, because only god knows what you gonna do...©melle mel

  

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flora
Member since Sep 06th 2009
17470 posts
Tue Sep-13-11 12:13 PM

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123. "i dont think anybody wants to burst her bubble."
In response to Reply # 122


          

  

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Very-Effortless
Member since May 07th 2011
7452 posts
Tue Sep-13-11 12:56 PM

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128. "^"
In response to Reply # 123


  

          

Cause I know for a fact that you can't consolidate private & public so that was a big red flag for me

~~~~~~~~~~~~~~~~~~~~
The Green Mile is a movie where the magical black man wrongly dies and the white man who let it happen lives forever.

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 01:29 PM

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141. "It's okay; I am wrong sometimes. And I may not have all the facts"
In response to Reply # 123


  

          

100% correct.

But I'm just passing on what I know.

  

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ambient1
Member since May 23rd 2007
41077 posts
Tue Sep-13-11 12:29 PM

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125. "i know right....lol"
In response to Reply # 122


  

          

=======================================
Coolin...

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 12:58 PM

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130. "i think she gets it now after wray's explanation."
In response to Reply # 122


          

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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nobodydoesitbetter
Member since Apr 19th 2006
27389 posts
Tue Sep-13-11 01:01 PM

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131. "See post 60, "that's why I have a garnishment...""
In response to Reply # 122


  

          

Her loans were prob sold to another financial co which Is why they're showin zero balance.

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 01:05 PM

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"nah based on wray's explanation they are just income deferred..."


          

right now and if her income remains at or below the required level for 25 years then they will be forgiven.

if her income changes then she has to start repaying again.

at least that is what I got from it.

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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nobodydoesitbetter
Member since Apr 19th 2006
27389 posts
Tue Sep-13-11 01:20 PM

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137. "If you're deferred, you should not have a garnishment..."
In response to Reply # 0


  

          

Maybe she was deferred at one point and then had a garnishment or she's talking abt different loans. Who knows.

  

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dapitts08
Member since Apr 03rd 2008
8204 posts
Tue Sep-13-11 01:27 PM

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138. "i think she had several loans...."
In response to Reply # 137
Tue Sep-13-11 01:28 PM by dapitts08

          

the one that is being garnished from her check isn't part of the income based deferment / consolidation program that will eventually be forgiven (assuming she remains eligible for the program).

i'm guessing that is the reason it wasn't able to be included.

the key to happiness is not being rich;
it's doing something arduous and
creating something of value and then
being able to reflect on the fruits of your labor

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 01:28 PM

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140. "correct"
In response to Reply # 138


  

          

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 01:28 PM

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139. "the garnishment had already begun before I filed the papers"
In response to Reply # 137


  

          

so they said they couldn't do anything about that particular one

  

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mochalox
Member since Mar 16th 2004
41853 posts
Tue Sep-13-11 01:18 PM

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135. "both"
In response to Reply # 122


  

          

but I'll take the zero balance for now

I shol'e need it.

  

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Commie
Charter member
11282 posts
Tue Sep-13-11 01:05 PM

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132. "yall shld archive this post when it runs its course."
In response to Reply # 0


  

          

cos ima wanna look back at this in a year when im done with school and i have to start paying my loans back.

**************************************
dominus vobiscum

http://dnlbcknr.tumblr.com
http://www.instagram.com/dnlbcknr

  

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LAbeathustla
Member since Jan 24th 2004
33876 posts
Tue Sep-13-11 02:48 PM

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146. "lol..at how u niggers shit on bho ery chance u get"
In response to Reply # 0


  

          

now look at ya

------------------------------------
2021 Mexican Resident

2019 CABG Survivor

2016 OK Survivor Champion

be about it or be without it

RIP GOATs

  

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kevb
Charter member
16580 posts
Tue Sep-13-11 03:27 PM

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147. "RE: how'd you handle your student "
In response to Reply # 0


          

.

  

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benzby25
Member since May 25th 2005
7582 posts
Tue Sep-13-11 05:10 PM

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153. "I work in effin fin aid and I swear..."
In response to Reply # 0


  

          

I still pray to hit some kind of lotto or write a best seller to just pay them all off.

Sallie Mae wants $130
Direct Loan wants $250

I'll just give them my first born...wtf

Let's get back to dreaming...

http://www.twitter.com/LolaSKane

http://www.formspring.me/plushparamour

  

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stravinskian
Member since Feb 24th 2003
12783 posts
Tue Sep-13-11 05:15 PM

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154. "I studied physics, where the schools pay you for grad school."
In response to Reply # 0


          


Full scholarship plus a stipend (about 25k per year in my case, as I remember).

For undergrad, there were some scholarships, some savings (from my dad's life insurance policy), and I went to a pretty cheap state school for undergrad, so that amounted to very little.


My girlfriend's studying music, though, so she'll probably depend on that income deferment for a while before getting to work on the 60k or so she expects to finish with.

  

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vik
Charter member
13505 posts
Tue Oct-25-11 01:26 PM

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168. "caltech right?"
In response to Reply # 154


  

          


-- -- --

I wonder why. I wonder why.
I wonder why I wonder.
I wonder why I wonder why
I wonder why I wonder!

-- RPF.

  

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southphillyman
Member since Oct 22nd 2003
90059 posts
Tue Sep-13-11 06:39 PM

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155. "mine is only $180 a month. I pay $200. I know ppl with ivy league loans"
In response to Reply # 0


  

          

paying over $1200 a month smh
and know 1 individual with medical school loans (over 200K).....but they aren't a doctor
shits crazy

~~~~~~

  

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Peabody
Member since Jan 18th 2011
10296 posts
Tue Sep-13-11 06:39 PM

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156. "wow"
In response to Reply # 155


  

          

nm

  

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SankofaII
Charter member
30751 posts
Tue Sep-13-11 08:45 PM

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159. "i got ivy league loans"
In response to Reply # 155


  

          

but i'm not paying $1200 a month.

but i need to get back on the standard repayment plan cause this income based repayment plan is wack as hell...

id rather get rid of my student loans in LESS time than extended this shit out for the rest of my life...

Get Out the Room
https://itunes.apple.com/us/podcast/get-out-the-room/id525657893

Some of y'all need this in your life: http://www.psychology.com

  

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vik
Charter member
13505 posts
Tue Oct-25-11 01:54 PM

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169. "ivy league? pssssh."
In response to Reply # 159


  

          

im posting this from stanford california btw.

-- -- --

I wonder why. I wonder why.
I wonder why I wonder.
I wonder why I wonder why
I wonder why I wonder!

-- RPF.

  

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rawsouthpaw
Charter member
15505 posts
Tue Sep-13-11 07:36 PM

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157. "got a job that helps to pay them off (teacher)"
In response to Reply # 0


  

          

and pay a bit more than the minimum. some public service jobs like teaching have loan repayment programs.

  

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Jon
Charter member
18687 posts
Tue Sep-13-11 08:38 PM

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158. "bookmark"
In response to Reply # 0


          

  

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OrangeandBlue
Member since Nov 02nd 2006
10198 posts
Tue Sep-13-11 10:21 PM

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160. "No loans"
In response to Reply # 0


  

          

  

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AquarianB
Member since Jan 08th 2006
1324 posts
Tue Sep-13-11 10:47 PM

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161. "RE: how'd you handle your student loans?"
In response to Reply # 0


          

Paying min. every month, got the auto draft for the extra 0.5% reduction on the interest rate. I have all govt loans so I don't care if I die owing those. I don't qualify for the interest credit anymore b/c of my income though

Never let what anyone else is doing influence what you think you should do. ~Nikki Giovanni

when 2 ppl do rare stuff they should get married
be rare together until you die
~My Best Friend in the Whole World

  

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nobodydoesitbetter
Member since Apr 19th 2006
27389 posts
Fri Sep-16-11 03:30 PM

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162. "i just found a way to pay slightly less/finish quicker."
In response to Reply # 0
Fri Sep-16-11 03:33 PM by nobodydoesitbetter

  

          

i separated them into billing groups. the high interest ones are now separate. so i can pay those down first. they just added a -1 and -2 onto my accounts so they're separate and my money will be routed to the higher interest loans instead of the loans that are at 1.8%.

  

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melodikangel
Member since Aug 20th 2003
15788 posts
Fri Sep-16-11 04:00 PM

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163. "i actually applied for consolidation online on wednesday...."
In response to Reply # 0
Fri Sep-16-11 04:01 PM by melodikangel

  

          

....i just don't make enough to pay the required amount for each individual loan.

i called someone as i filled it out and it's actually much easier than i thought it would be. instead of filling out each individual loan under sallie mae and aes, i just had to make one entry for the lump sum owed to sallie mae and one for the lump sum owed to aes.

the rep told me that i can estimate the interest because someone on their end would verify it anyway. and even though i had a combination of sub and unsub loans she told me to just list them as option A--federal subsidized, and they would sort that out too.

i was doing the deferment thing, but i really want to stop being irresponsible by putting it off and just take care of it. likely i'll only have to pay 200something a month, and once it's approved i plan on paying a whole year up front...if i can do that.

******************SIGGY*******************
KH: Good luck with that, those kids have guns.
Me: nothing a big hug and some lollipops can't cure. i'm so totally ready.
KH: I like your idealism
Me: *gives you a big hug and a lollipop*
KH: *shoots you*

  

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KCPlayer21
Charter member
30076 posts
Mon Oct-17-11 03:26 PM

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164. "So did the advice in here work out for anyone?"
In response to Reply # 0


  

          


<---- Downtown Kansas City, Missouri 5/24/2011

  

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Buddy_Gilapagos
Charter member
50006 posts
Tue Oct-25-11 12:18 PM

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166. "My loans = under 200/mo, wife loans = over 1000/mo"
In response to Reply # 0


  

          

I put my loans on autopay and forgot about them until I checked on them this month and realized I wasn't doing any damage to the principal. I recently upp'd mine to 350 to do work on the prinicipal.

My wife went to two of the most expensive schools on the planet (both in NYC). I should research consolidating though.

**********
the test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to function.

  

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vik
Charter member
13505 posts
Tue Oct-25-11 12:59 PM

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167. "http://brightfrontier.wufoo.com/forms/get-ready-to-save-some-serious-cas..."
In response to Reply # 0


  

          

this is my buddy from the town.

he's good people.

http://brightfrontier.wufoo.com/forms/get-ready-to-save-some-serious-cash-on-your-loans/


-- -- --

I wonder why. I wonder why.
I wonder why I wonder.
I wonder why I wonder why
I wonder why I wonder!

-- RPF.

  

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