WOW. I was lucky enough to graduate debt-free with my engineering degree due to my company's tuition reimbursement and a little help from a higher education advocate aunt that I have. Given I went back to school for this part time at age 29 and it took me 4.5 years going non stop, it has paid dividends and I am so glad that I did. I didn't realize how good I have it until reading the first page of this!
Student Loans: Who's got em, and who thinks its a bubble
- Thread starter IronSnake
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I like the Snowball method as well
But with that in mind, you have to take it with a grain of salt. You can snowball/pay debt off and live in an absolutely basic life to get it done. However, it's important to reward yourself. So while I sold my Mustang and plan to use that money to hammer out student loans, I also realize that life's short. So I bought a new truck at a really good rate and have a comfortable/reliable new truck.
It's all about balancing your income level with what your monthlies are. And that's what we've done. Pretty much no debt outside of the house, my truck, and student loans.
My wife has student loans, but she down to about $2,000 left to be completely paid off.
I was fortunate enough to get a large scholarship and my parents picked up the rest. I got my 4 year degree debt free
I was fortunate enough to get a large scholarship and my parents picked up the rest. I got my 4 year degree debt free
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