Step 0: Get a job , either 1 full time or 2 part time or 1 part time and a temp job Step 1 : dont wait 6 months after you graduate to make payments. (Start m…
Congrats to you on paying your loan off!!!
Good recommendations. Very helpful on ways to live frugally and pay off
early. I wish you explained why these are extra onerous loans. Examples:
student loans are often front loaded. The interest is paid in the beginning
so if you pay the minimum have them put the rest toward the principal to
bring that down first. Must designate it. Also these loans will never go
away protected by bankruptcy so if you fall behind they will let you stop
for some emergencies BUT they will keep adding interest and penalties til
you start paying again. Probably if you can, take a job where your employer
will share in the payment.
Overall great info you provided.
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