Title says it all. I’ve been paying for 8 years but most of it paid in the last 2 years. Almost all federal student loans. No forgiveness. Did not make payments during the COVID pause period.
I feel like I should celebrate this, no? I have nothing special planned and don’t really have any particular purchases I want to make with the extra money I’ll have. But I feel like it should be a celebratory time.
I am making my final student loan payment this week. >$250k paid
byu/Existing_Finish4620 inStudentLoans
Posted by Existing_Finish4620
4 Comments
Congrats!!
Holy cow. How much were you paying? I’ve been paying off 140k since 2003, still owe $23k and I paid during Covid by choice. Making no money sucks
Definitely celebrate! Congrats! I’d take a month or two’s worth of student loan payments and take a little vacation, or even just take a day off to go for a long, relaxing walk if you’d rather. Then you should have a very healthy budget to save for retirement or any long term goals you have.
Treat yourself to a nice dinner out!