June 20, 2014
I found this site doing a little bit of research about student loan forgiveness. I actually heard on the radio today that a celebrity had a $10,000 loan Grad Giveaway. I didn’t know that there were opportunities like this out there so I decided to do a bit more research. I, like many, am paying off my loans diligently, but am really looking forward to the day when I see $0 on my student loan statement.
As far as a little about myself, I graduated back in 2007 with a dual degree from a private college. I racked up over $45,000 in loans for an undergraduate degree thinking I would have no trouble paying them off. Ironically, I am working in a financial aid office at a college and have learned so much about loans. I help students on a daily basis with their student aid and try to veer students form making the same mistakes I did. Today, I am down to $15,000 in student loans, but am feeling like this balance will never make it down to a zero balance. In listening to and reading the news, I am hearing more and more about possible loan forgiveness through the possible “Pay as You Earn Program”. This program stirs up my emotions a little bit for people who actually have been holding themselves responsible for the debt they have accrued.
I decided to write a post and offer some advice to possibly earn that extra $100 for my current loans because every penny counts!
May 3, 2014
June 1, 2014
NatashaS – That’s awesome that in your job you are able to help so many students with this important issue. I know having your own loans sucks, but at least your story can be part of how you connect with people still in school. I’m sure it it makes a big impact on your students to be able to show that you know exactly what they are going through. Too often, it seems like well-meaning older adults fall back on telling tales of “in my my day, I paid $600 per semester for college, and was able to pay for it all with my part-time summer job cutting lawns.” The tuition inflation aspect of things is sometimes overlooked by those who haven’t recently graduated.
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