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: loans
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 [...]
Why October scares me. (It has nothing to do with Halloween.)
The main source of my financial woes is the more than $55,000 of student-loan debt, the majority of it from grad school, that I must pay off bit by bit each month.
I finished grad school in December, and since then the loan companies have started demanding that I repay them. First the smallish private loans [...]