Comments on: Stacie’s Student Loan and Other Debt Status

By: marvie jones

marvie jones — Mon, 02 Jun 2008 13:01:32 +0000

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more

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Marvie

By: Lisa

Lisa — Sat, 05 Apr 2008 04:34:28 +0000

You’re making great progress. My daughter will be graduating soon. And soon after, she’ll have to start paying back her student loans. Hopefully she will be able to afford to live and pay them off.

By: Clever Dude

Clever Dude — Thu, 03 Apr 2008 17:06:21 +0000

@Jim, actually I asked her last night how she would feel about her loan being paid off. She shrugged. Honestly since I deal with the finances, she hasn’t had to worry about the loan at all. The student loan is not material in any way. Now if it was my truck (or when I paid off her Malibu and MINI), that’s much different. It’s a physical object we can look at and say “That’s ours”.

Hmm, is this a post topic???

By: Jim ~ mydebtblog.com

Jim ~ mydebtblog.com — Thu, 03 Apr 2008 16:30:47 +0000

Wow you have really cleaned up on debt. My wife and I are working on credit cards right now, my student loans are just being paid and hers are in forbearance. I want to get the credit cards gone by the end of next year. We have no car debt but looking at 6 figure student loan debt, it’s going to take time. At least we’ll have a 6 figure income to take care of it with. I would like to get to a point we can reduce our debt a few grand per month. You’re wife must be happy that her student loans are almost gone.

By: No Debt Plan

No Debt Plan — Thu, 03 Apr 2008 12:10:39 +0000

That’s huge! $36k from $112k is a whopping 68% paid off! Keep it up, keep it up!

By: Laura

Laura — Thu, 03 Apr 2008 11:26:49 +0000

Wow, that’s good news! I wish you two the best.

I have my student loan payments tarting this summer and my goal is to eliminate the car loan before then.