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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Spinoff to monthly bills
student loans s u c k 
ahhh i feel a teeny bit better knowing i wasnt the only one who had to pay for my own college
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Posted 10/26/06 10:28 PM  |
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MrsPornStar
Partners in crime
Member since 10/05 14656 total posts
Name:
Mama
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Re: Spinoff to monthly bills
Both DH and I have student loans. DH's are all from grad school and mine are from undergrad and grad. I feel like I'm never going to be done paying them.
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| Posted 10/26/06 10:41 PM |
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jennandrob
mom of two!
Member since 5/05 4368 total posts
Name:
Jenn
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Re: Spinoff to monthly bills
I can finally see the light at the end of my student loan tunnel.....only $2500 more to go.
I'm approaching 10 years out of college though - it's taken forever to pay of!! 
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| Posted 10/26/06 10:44 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Spinoff to monthly bills
Posted by jennandrob
I can finally see the light at the end of my student loan tunnel.....only $2500 more to go.
I'm approaching 10 years out of college though - it's taken forever to pay of!!
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| Posted 10/26/06 10:46 PM |
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dpli
Daylight savings :)
Member since 5/05 13973 total posts
Name:
D
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Re: Spinoff to monthly bills
I did a happy dance the day I wrote my last check!
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| Posted 10/26/06 10:48 PM |
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jerrysgirl
I love my hot dog!!
Member since 6/06 5357 total posts
Name:
E & J
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Re: Spinoff to monthly bills
I agree. I hate student loans. I don't even like what i do anymore and want to go back to school, but more student loans I am on gradual payment and the payment is going up. just great.
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| Posted 10/26/06 11:33 PM |
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CunningOne
***
Member since 5/05 26975 total posts
Name:
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Re: Spinoff to monthly bills
My DH is paying mine now that I am not working (I'm a SAHM). I graduated from graduate school over 11 years ago.  I have less than $5000 to pay off, and we're thinking after the holidays to just pay it off in one lump sum. We pay $230 a month.
The reason we didn't pay off before is because the interest rate on them was at an incredible low - like 2%. At that time, it was better to keep my money in my GMAC savings which was earning 5.75%. Now that the interest rate is back up near 5% on the loans, we want to pay off.
Message edited 10/26/2006 11:38:56 PM.
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| Posted 10/26/06 11:38 PM |
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Salason
♥
Member since 6/05 9878 total posts
Name:
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Re: Spinoff to monthly bills
unfortunately i got insurance money and paid mine off right away (i'd give anything to be in debt and have my dad back) but we paid off the bulk of DH's in Jan and will pay the rest of his off this Jan
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| Posted 10/27/06 12:15 AM |
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Freddie
LIF Adult
Member since 3/06 1162 total posts
Name:
Freddie
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Re: Spinoff to monthly bills
Posted by chmlengr
The reason we didn't pay off before is because the interest rate on them was at an incredible low - like 2%. At that time, it was better to keep my money in my GMAC savings which was earning 5.75%. Now that the interest rate is back up near 5% on the loans, we want to pay off.
oh me too - that was so nice 2%!!
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| Posted 10/27/06 6:57 AM |
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Pumpkin
LIF Adult
Member since 5/05 3353 total posts
Name:
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Re: Spinoff to monthly bills
student loans are awful, as much as I know the pay back is unmeasurable in $$$. It just makes me not sleep at night knowing I have this "mortgage" over my head.
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| Posted 10/27/06 7:09 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Spinoff to monthly bills
Posted by Freddie
Posted by chmlengr
The reason we didn't pay off before is because the interest rate on them was at an incredible low - like 2%. At that time, it was better to keep my money in my GMAC savings which was earning 5.75%. Now that the interest rate is back up near 5% on the loans, we want to pay off.
oh me too - that was so nice 2%!!
im in grad school now- the stafford loan interest rate is over 6%
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| Posted 10/27/06 7:26 AM |
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pinkandblue
Our family is complete, maybe
Member since 9/05 32436 total posts
Name:
Stephanie
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Re: Spinoff to monthly bills
Thankfully, my parents footed my college tuition. I am so grateful for that. 
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| Posted 10/27/06 8:08 AM |
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MrsPorkChop
Twinning!!
Member since 5/05 9941 total posts
Name:
Missy
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Re: Spinoff to monthly bills
you dont even want to know what dh is paying for law school loans....
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| Posted 10/27/06 8:24 AM |
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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Re: Spinoff to monthly bills
Ummm yeah I took out $45,000 for my doctoral tuition, but my brother had to take out over $250,000 for his law school tuition and living expenses for when he was in law school!
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| Posted 10/27/06 8:26 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Spinoff to monthly bills
It took DH and I 10 years to pay off all school loans. We were done right before we bought the house.
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| Posted 10/27/06 10:58 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Spinoff to monthly bills
Posted by Salason
unfortunately i got insurance money and paid mine off right away (i'd give anything to be in debt and have my dad back) but we paid off the bulk of DH's in Jan and will pay the rest of his off this Jan
my sisters wer wiped clean b/c they were in my Mom's name- and they had an isurance policy attached
(of course we would rather have my Mom back also)
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| Posted 10/27/06 11:02 AM |
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Re: Spinoff to monthly bills
Posted by jennandrob
I can finally see the light at the end of my student loan tunnel.....only $2500 more to go.
I'm approaching 10 years out of college though - it's taken forever to pay of!!
HOLY CRAP thats all you have left???? When are you buying me dinner???
I am out of college for 7 years now, almost 8 and I still have 17K to go and NO CAREER TO SHOW FOR IT!!! Hoooooray!!!!! 
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| Posted 10/27/06 11:05 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Spinoff to monthly bills
Posted by Beth1210
Posted by Salason
unfortunately i got insurance money and paid mine off right away (i'd give anything to be in debt and have my dad back) but we paid off the bulk of DH's in Jan and will pay the rest of his off this Jan
my sisters wer wiped clean b/c they were in my Mom's name- and they had an isurance policy attached
(of course we would rather have my Mom back also)
i was in high school when my father died - but my sister was a junior in college - my father took out the parent loans for my sister- not my mom - so when he passed away all hers were paid as well.
(of course we would rather have my dad back too)
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| Posted 10/27/06 11:09 AM |
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Lucky09
2017!
Member since 1/06 7537 total posts
Name:
DW
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Re: Spinoff to monthly bills
Posted by Meaghan729
Posted by Freddie
Posted by chmlengr
The reason we didn't pay off before is because the interest rate on them was at an incredible low - like 2%. At that time, it was better to keep my money in my GMAC savings which was earning 5.75%. Now that the interest rate is back up near 5% on the loans, we want to pay off.
oh me too - that was so nice 2%!!
im in grad school now- the stafford loan interest rate is over 6%
omg - 6%?!?!? I am so glad I consolidated my loans and locked in 2.25%. I will probably be paying back until I retire.
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| Posted 10/27/06 11:09 AM |
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Beth
The Key to your new home....
Member since 2/06 24849 total posts
Name:
Beth
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Re: Spinoff to monthly bills
i was in high school when my father died - but my sister was a junior in college - my father took out the parent loans for my sister- not my mom - so when he passed away all hers were paid as well.
(of course we would rather have my dad back too)
my brothers are in my Dad's name- what a waste of money! at least my sister is doing something with her degree
my parents always thought it would be my dad to go first- so it was really done this way for my Mom- and she didn't make it to see my sister graduate 
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| Posted 10/27/06 11:12 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Spinoff to monthly bills
Posted by Beth1210
i was in high school when my father died - but my sister was a junior in college - my father took out the parent loans for my sister- not my mom - so when he passed away all hers were paid as well.
(of course we would rather have my dad back too)
my brothers are in my Dad's name- what a waste of money! at least my sister is doing something with her degree
my parents always thought it would be my dad to go first- so it was really done this way for my Mom- and she didn't make it to see my sister graduate
my sisters were in my dads name bc my mother has no clue about finances whatsoever. So when I started college, even though she didnt take any loans out for me - just getting her to fill out the FAFSA was a PITA!
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| Posted 10/27/06 11:13 AM |
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stickydust
Now a mommy of 2!!!
Member since 4/06 3164 total posts
Name:
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Re: Spinoff to monthly bills
Thankfully DH and I have no undergrad loans however I went to law school and he went to Business school so we pay about $1400/month combined in loans
I won't even tell you how much we have left - its like a mortgage
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| Posted 10/27/06 11:22 AM |
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steph4777
**************
Member since 5/05 11726 total posts
Name:
Stephanie
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Re: Spinoff to monthly bills
I have loans from undergrad and grad.... DH only has loans from law school. To think his parents would have paid for law school if he went right out of undergrad, but no he wanted to work first.
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| Posted 10/27/06 11:24 AM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: Spinoff to monthly bills
Posted by Blu-ize
It took DH and I 10 years to pay off all school loans. We were done right before we bought the house.
Interest rates back then were at 13%! I re-consolidated these loans tons of times to bring down the rates. At the end I had the loans on 0% cards.
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| Posted 10/27/06 11:31 AM |
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SweetTooth
I'm a tired mommy!
Member since 12/05 20105 total posts
Name:
Lauren
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Re: Spinoff to monthly bills
Both DH and I have student loans.. he is paying his back now, I am finishing up my masters so I am on deferrment right now, but am not looking forward to what that monthly payment will be... Sometimes I really feel like school was a total waste of time and money.
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| Posted 10/27/06 11:31 AM |
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