$175k student loan is paid off!
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$175k student loan is paid off!
I just made the final payment and it feels great!
Last edited by DrPeppaPig on Fri Mar 14, 2014 12:39 pm, edited 2 times in total.
Re: Student loan is paid off!
Congrats! I have made $12,000 in student loan payments so far this month. Highest interest rate is only 3.41%, but I have a lot further to go than you!
Last edited by avenger on Fri Mar 14, 2014 12:52 pm, edited 1 time in total.
cheers ... -Mark |
"Our life is frittered away with detail. Simplify. Simplify." -Henry David Thoreau |
[VTI, VXUS, BND, VTEB, SV fund]
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Re: $175k student loan is paid off!
That's impressive, congrats!!!
- SecretAsianMan
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Re: $175k student loan is paid off!
[(removed) --admin LadyGeek] Congrats!
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Re: $175k student loan is paid off!
Congrats!
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Re: $175k student loan is paid off!
Great news; congrats!!
Re: $175k student loan is paid off!
Congrats! I just paid my $13k loan off this past Wednesday! I'm currently celebrating in Atlantic City. 175k.. wowww..
Re: $175k student loan is paid off!
Fantastic news!
Where are you planning to divert the money from now on: retirement, 529, iBonds, mortgage? Do tell.
Where are you planning to divert the money from now on: retirement, 529, iBonds, mortgage? Do tell.
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Re: $175k student loan is paid off!
Congrats that is awesome.
Was curious how long it took and what method you used? Debt Snowball?
What kind of sacrifices did you make?
Damn, that must be a great weight lifted off you.
Now you have your freedom back.
Was curious how long it took and what method you used? Debt Snowball?
What kind of sacrifices did you make?
Damn, that must be a great weight lifted off you.
Now you have your freedom back.
Re: $175k student loan is paid off!
Way to go! That must feel great!
Re: $175k student loan is paid off!
That's great! Do you go crazy with the extra monthly spend, or do you go Bogle with it?
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Re: $175k student loan is paid off!
Congrats! I can't imagine it's not a big relief to be out from under that.
Don't do something. Just stand there!
Re: $175k student loan is paid off!
Great job! How did you go about it? I'll pass along any tips you have to my sister. She has 48k coming out of her masters this spring.
Congrats again!
Congrats again!
Re: $175k student loan is paid off!
Awesome!! Now time to do it again, but paying your own savings off.
Re: $175k student loan is paid off!
Get ready for the best sleep you've ever had. Last year I finished paying off $250k in student loans and just paid off the mortgage last month. Despite advice to contrary, easily the best 2 decisions I've ever made. Not owing anyone a single dime is indeed priceless.
Sweet dreams.
Re: $175k student loan is paid off!
That's great! It must be a good feelingDrPeppaPig wrote:I just made the final payment and it feels great!
Paying off my school loans in full was one of the biggest financial moments of my life and I remember it well.
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Re: $175k student loan is paid off!
Congratulations! I remember when we paid off our school loans. It's such deep pride...
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Re: $175k student loan is paid off!
WOW... Congrats! My $30,000 student loan will be paid off in a couple months.
Re: $175k student loan is paid off!
Congratulations. I plan to be posting the same thing next year. It's sad that an education costs so much, and I think a lot of posters here don't understand the financial burden a person is now obligated to take on in order to get an advanced education. You have done well to be able to pay it off. Many of our colleagues will never be able to. You should be proud.
I’d trade it all for a little more |
-C Montgomery Burns
Re: $175k student loan is paid off!
Congratulations to both of you!!investfell wrote:WOW... Congrats! My $30,000 student loan will be paid off in a couple months.
$205,000 down, another $1 trillion to go.
http://www.businessweek.com/articles/20 ... ot-economy
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Re: $175k student loan is paid off!
Jerrybaby wrote:That's great! Do you go crazy with the extra monthly spend, or do you go Bogle with it?
We are opening a taxable account and might make some extra mortgage payments. We also hope to buy a lake cabin in the next 5-10 years so we’ll start saving for that.nostalgic wrote:Fantastic news!
Where are you planning to divert the money from now on: retirement, 529, iBonds, mortgage? Do tell.
I made the first payment on June 16th, 2010 and focused on paying off the higher interest loan first. I then rolled that payment into the lower interest loan. The monthly payments were $467 and $300 and I used quarterly production adjustments to pay off large chunks.FredCouples wrote:Congrats that is awesome.
Was curious how long it took and what method you used? Debt Snowball?
What kind of sacrifices did you make?
Damn, that must be a great weight lifted off you.
Now you have your freedom back.
Our biggest sacrifice, if you want to call it that, is that we drive older, high mileage vehicles (2001 Sequoia with 215K miles that I bought for $3,000, 2005 Sienna with 111K and a 2007 RDX with 77K). We now plan to upgrade to a newer Sienna. We also rented for a year and half before buying a house and were able to make a big dent in the loans during that time.