An open letter...

[bluegargantua]

Dear WPI and SallieMae

Here is the last of the money I borrowed from you over 10 years ago in order to go to college. Looking back, I'm fretful that I didn't make good use of the cash. I should've done a lot of things differently. However, this is the kind of wishful thinking I'm always doing. It certainly isn't your fault. I suppose from a straight money-spent-in-repayments vs. money-earned-through-higher-education, it's been something of a win for me. And, of course, the many people and experiences of college have all had a big impact on me and the person I am today...and those were mostly positive impacts so again, a win for me.

Still, I am extremely pleased to say "good riddance" to the both of you. Of course, SallieMae wears a smirk, since she knows I'll soon be courting her sister Fannie (and maybe their cousin FreddieMac), but for now, one of the longest financial chapters in my life is finally over.

We'll always have Worcester,
Tom

Comments

[buxom-bey.livejournal.com]

Yai!! Congrats. I've got 13 months left on mine.

[redfishie.livejournal.com]

congratulations! I have 18 years left on mine...

[desiringsubject.livejournal.com]

Congratulations! I just consolidated and have 30 years on mine!

re: loans

[etherial.livejournal.com]

I've got 2 months on one loan, 3 years on another, and about 6 years on the last.

[cathijosephine.livejournal.com]

Cheers!

[buddhagrrl.livejournal.com]

I am SOOOO close to done but when I think of paying it off I realize that with the interest rate that loan has it actually doesn't make financial sense to let go of the extra cash from my savings account just yet - far better to pay off my credit card...

so annoying - I keep thinking "hey I can finish" but then realizing I actually *shouldn't*...

but .... ALMOST!

[purly.livejournal.com]

I've been making $400 payments, but I'm thinking of upping it to $500. Even if I do it will be a LONG TIME until I'm done with mine :(

Good for you for finally finishing it off.