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Thread: Student Loans

  1. #1
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    Default Student Loans

    I knew it was time to pay the piper but DAMN! Anyhoo, if I double up on payments bankrate calculated that it can be done in 4 years, which is too long, 3 would be good so I'm done by the time I'm 50, guess I need to belt tighten the budget a little bit more. The good thing is I have no credit card debt or car loan and thanks to Dave Ramsey where every dollar has a name in my monthly budget I "found" money where I thought it didn't exist.....

    Anyone have any successes to share in paying off student loans??
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


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    Default Re: Student Loans

    Bump Bump Bump!

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    Default Re: Student Loans

    Where do you work? If you work for a non profit or in education, your loans can be cancelled within 5-10 years.
    2 Awesome 2be forgotten Mia Fite/ etifaim luv u 4life

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    Default Re: Student Loans

    I'm hoping my new fed job has student loan repayment, crossing fingers...
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


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    Default Re: Student Loans

    Quote Originally Posted by canarsiechik88 View Post
    Where do you work? If you work for a non profit or in education, your loans can be cancelled within 5-10 years.
    I see/hear this all the time, but I've never been able to find the info. Does any one know anything definitive? A website? Link?
    My Travel Blog | October 2007 Napptural of the Month (still looking for the link)

    "The reward for conformity was that everyone liked you except yourself."
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    Default Re: Student Loans

    Sorry, this was supposed to be a reply...

    Public Service Loan Forgiveness - loans forgiven after 120 payments on qualifying plans
    https://studentaid.ed.gov/sa/repay-l...public-service

    Teacher Loan Forgiveness - $17,500 for 5 years of work in a school that meets certain criteria:
    https://studentaid.ed.gov/sa/repay-l...lation/teacher

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    Default Re: Student Loans

    Quote Originally Posted by Hadasah View Post
    Sorry, this was supposed to be a reply...

    Public Service Loan Forgiveness - loans forgiven after 120 payments on qualifying plans
    https://studentaid.ed.gov/sa/repay-l...public-service

    Teacher Loan Forgiveness - $17,500 for 5 years of work in a school that meets certain criteria:
    https://studentaid.ed.gov/sa/repay-l...lation/teacher
    Thank you so much! This is the type of information I've been looking for! I'm sending off the app tomorrow! Again, THANK YOU!
    My Travel Blog | October 2007 Napptural of the Month (still looking for the link)

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    Default Re: Student Loans

    shoot, I think by the time I've made 120 payments, they will be paid off..sigh...
    "The soul takes flight to the world that is invisible, but there arriving she is sure of bliss and forever dwells in paradise." - Plato


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    Default Re: Student Loans

    BUMP!!!!!!!!!!!!!!!!!!!!

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    Default Re: Student Loans

    I put in my app soon after I posted I would. Had to call to follow up. JUST received a letter that I'll be notified once they're reviewed my application. No target date given, so I will be following up again next week. I'm trying to get this DONE.
    My Travel Blog | October 2007 Napptural of the Month (still looking for the link)

    "The reward for conformity was that everyone liked you except yourself."
    ~Rita Mae Brown, Venus Envy

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