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College Student Loan Repayment
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By: Kim Soyung
The college student loan repayment time has come. It has been your worst fear for the past 4 years. You walk to your mailbox after work and a thick envelope is addressed to your name from your college student loan lender. You open the letter and in big bold letters reads, “College Student Loan Repayment Notification”.
Thank god you got that job right out of college paying you 50k a year! What would you have done if you didn’t get that position? It really is a shame that a single college student loan can add up to 6 figures faster than you think.
You finally get over the fact that your college student loan repayment time has finally come. That first payment really pisses you off, doesn’t it? It could very well be a damn mortgage payment, however if it wasn’t for that college student loan, you wouldn’t have the job, car, or house that you have right now.
After a few months pass, your college student loan repayment letters just get added to the rest of your monthly bills and you don’t think twice about it, except for when you look at your online statement and realize you’ve only been paying $15/month towards your principle, and the rest was interest-now that just ruins your day!Published on August 12, 2009 · Filed under: Paying Student Loans – Student Loans Debt;
