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[telophase]

Student loan status: PAID OFF!

We'd been on track to pay them off in 2013, but Toby's boss paid an unexpected bonus this year, so we opted to wipe them out. We'd also been paying way ahead on the loans (enough that my next actual payment was due in 2022!), so we're switching that money into a savings account to build up a nice down payment on a car, and once that's done, in September or so, it'll get switched to paying into savings or retirement or something BORING and ADULT like that because we're no longer in our twenties and immortal. :D

If I start musing about how nice it would be to go back to school and get a PhD or some such, please stop me. You are authorized to use deadly force.

Comments

[telophase.livejournal.com]

Thank you! Although due to my career choices (museums, then libraries) the ability to put those plans into action is mostly owed to moving in with then marrying someone who makes more money than I do. XD (It's weird: I spent so long on the edge, paying off debt and, I admit, making bad choices, that now when there's enough money to do what we need and, provided it's reasonable and planned for, what we want that it feels bizarre.)

The US student loan program doesn't have anything like that as far as I know, but there's talk of passing something that will allow students to write off their debt after X amount of years if they've been paying on it, IIRC.