Think I’ll feel even better about it once the student loan organization posts the payment, but due in part to a sudden reckoning by family re: support to date and capacities today, I was able to pay off the last bit of my loans without screwing up my immediate need finances.
10 years in the making, lol. Just kinda feel like shouting this into the void, despite faithfully making the payments it still never really felt like this day would ever come.
Yeah that’ll be nice to have back in your bank account each month, for sure!
I’ve been debating just blasting mine away and praying I don’t take too big a hit… If the payment hadn’t gone up, it’d be no question, I’ll just leave it be, but getting close to $100 a month is annoying.
And that’s great news! My parents helped me a decent amount with school, but I still had almost 100k in loans. The most help, though, was letting me live at home for free for 3 years, I literally just put my entire salary into those loans and they went down pretty quick (engineering degree, so I got a decent salary right off the bat). Not having any other money or a social life or anything was a bummer, but I am forever thankful for their sacrifice, and my own willingness to make my own sacrifices.
No real fault of their own, but my parents weren’t really able to support me much when I decided to go to uni. So the loan amount reflects both school and living costs, supplemented with (an admittedly pretty great, all things considered) part time job. That and once they were better established, my sibling required much more immediate and intensive support anyway (long story, it was a pretty bad situation). Living with them wasn’t an option (posted elsewhere).
It was a very weird but appreciated call this weekend - my mom’s pretty blunt so it was literally:“Hello?” “How much do you have left on your student loans” “Uh, $X? Why?” “I’m sending you money, some now and some next month.” “Wow, ok, thank you?” “Just send me a reciept so I know it went to your loan. Love you!” click
I blame the planets aligning this weekend, 'cause at this point that’s all I have to go on aside some very hand-wavy “we were thinking about what we’ve done and what we can do recently” statements, lol. Still a very, very nice thing for them to do, I’m super appreciative. Was just kind of a shock.