Tuesday, March 04, 2014


OMG after over 10 years I just paid off my student loans! This should have been done a long time ago but I made about the dumbest decisions you can make regarding loans. I took out a shit-ton of loans even though my school was cheap and didn't work that much. But I did have fun and also all I could do was work in a movie theater so I didn't have a lot of choice there.

The really dumb decisions was choosing the lowest payment plan because I didn't even realize I was paying pretty much only interest for years. This is why there should be some financial counseling during the loan giving out and paying-back process. I know I was an adult but nobody helped me out with any of this! And my parents certainly weren't the ones to talk to. One short discussion and someone to ask questions would have helped me a lot.

But I was lucky enough that my degree 100% has helped me in my career. Actually, part of this was luck and part of this was a conscious decision to study something not that fun so that I would be marketable. I'm not judging anyone else's degree choice here.  You never know where life will take you.

It feels really great to be done.


undercover caterer said...

Dude, I am going to be paying off my loans for probably the rest of my life.

Shannon said...

Congratulations!!! This is such a big deal. Now you can start saving for retirement!

Scott Miller said...

Now you can go back to school!

beckler said...

I mentioned this at a work lunch and a dude said his brother has $150,000 in student loans.

Now I can start saving for a yacht. They are a great investment.

Anonymous said...

Congrats. Drinks on you.