So it happened: the dreaded day when my student loans all entered repayment. I was slammed with a $544 bill from one of my lenders - a third of my take-home monthly salary. Last weekend I applied for a consolidation loan from the U.S. Department of Ed., but have yet to receive that loan. I [...]
The Broke Yuppie
trudging slowly toward solvency.
Tag Archives: department of education
Dealing with student debt: Consolidation
The student-loan bills keep rolling in. Week after week, month after month, loan after loan - they seem endless.
I accumulated nine separate student loans during my academic career, and many of them are on different billing schedules with different monthly payments and different interest rates. I owe money on at least one of them almost [...]