Nobody else to share this with, so I'm posting here to say that I made the final payment this morning.
The amount of money that has left my account is painful, but at least I'm done with this.
Fully paid off my law school debt
byu/takeahikehike inStudentLoans
Posted by takeahikehike
2 Comments
Congrats.
I did the same thing last month with my loans. Write a check for 79k. It hurt, but in a good way.
I’m in the same boat from law school. I was at $283k, made a $100k payment three weeks ago. Down to $174k currently. It sucks, but I make almost $350k per year and my new IBR will be like $4,500. It use to be $500 per month on SAVE, but a lot has changed since the pause. With all the other life expenses, I don’t want to live paycheck to paycheck for the next 15+ years waiting for forgiveness to get a tax bomb. If I’m aggressive, I can get this done before 2027.
Any advice or stories? I need to the motivation.