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Thread: big student loans
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04-28-2010, 03:57 PM #16
If you could kick in the pants the person responsible for your problems, you wouldn't be able to sit for a month.
Did you know that a 4 year student paying $20,000/year who finances their education graduates with over $103,000 in debt to start? But a student who works and pays cash and takes 6 years to graduate ends with $6,300 in their pocket! So much for "getting a head start by financing!"
Greebo(Nerd Spender): Loving and extremely patiently tolerated husband of ceashels.
WARNING: Y Chromosome behind the keyboard. Adjust your listening filters appropriately!
ThreeTwo mortgages,twooneno car loans,oneno credit cards, and a partridge in pear tree!
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04-28-2010, 06:06 PM #17
Here's a link I found:
Stafford Loan Forgiveness < Repayment | StaffordLoan.com
Especially near the bottom of the page, with the heading "Circumstances and Conditions for Loan Forgiveness." It does say that if you die while still indebted, it can be forgiven, either partially or totally.Sara
Baby Step 1: DONE!!!
Baby Step 2: DONE!!!
Baby Step 3: $1,522.33/$12,600 goal (4 months)
Baby Step 4: Invest 15% of income into retirement
Baby Step 5: College funding for 4 kids
Baby Step 6: Pay off mtg
Baby Step 7: Build Wealth and Give!
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04-28-2010, 09:01 PM #18
Yeah, I'm weird. Faces come out of the rain and the whole nine ... LOL
If I get out of work Friday while he's on, I'll pull over and try.
Thanks for reminding me about the volunteering - need to get back to the Habitat build. Maybe it'll cover a quarter of my interest accrual by the time I hit 1,700 hours.
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