Student loans

posted by Jeff | Friday, July 22, 2005, 2:41 PM | comments: 5

I never have to make another student loan payment.


diddy, July 22, 2005, 6:49 PM #

Jeff - That is awesome. I can't wait for the day that I won't have to make any more payments.

My New Year's resolution this year was to get one of my remaining two paid off. With wedding planning and trying to save up for that, I don't know if it is going to happen. Ah well!

CPLady, July 22, 2005, 8:42 PM #

*sigh* and Ian is just beginning. He was all concerned last night because the Direct Loan interest rate rose from 2.77% last year to 4.5% this year. I've been making the interest payments, and will continue to do so.

Jeff, July 22, 2005, 10:28 PM #

Hey, they started at 8% when I started. Why aren't yours subsidized so the feds pay the interest until he's done?

CP_bound, July 22, 2005, 10:47 PM #

My parents make too much money for me to qualify for federal aid and they are adamant about not being co-signers for a student loan either. I can't get a student loan on my own yet because I haven't had a long enough credit history. I'm going into my junior year at Purdue, and I doubt I have enough saved up to get through the spring semester. Hopefully something will change at the loan office once I turn 21, otherwise I'm SOL. What I wouldn't give to have to make interest payments on some student loans. lol

Jeff, July 22, 2005, 11:08 PM #

That's really quality parenting there. Even with my good credit after college, I still needed a co-signer on my first apartment lease. It's the least they could do since they didn't pay a dime of tuition. Ironic that your student aid is based on your parents' income regardless of whether or not they're actually willing to contribute anything.

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