I have Been following this sub for a while, and wanted to share a success story.
I graduated with $25k in student loan debt last December, and just this week was able to make a lump sum payment in the total amount. Because this was done ~1 month before my payments were scheduled to start, it means I was able to pay these federal loans off without any interest paid.
I am fortunate to live at home for the time being, only paying $600/month for my room. I am also fortunate to be in a field that pays decent (majored in computer science). I've lived frugally the past 6 months, not spending money on anything other than rent/food/gas/car insurance.
I started off at community college and transferred to a local school where I could live at home while attending, allowing me to graduate with relatively little debt. I was accepted to "higher ranked" universities, and at times I questioned whether I made the right choice going to a "lesser ranked" school. I just made the most out of it, graduated top of my class, and landed a great job. 10/10 no regrets, and being debt free feels amazing.
Submitted July 02, 2017 at 03:23PM by N0slew http://ift.tt/2sC3yLa