So, what happens when you go six months without counting up your student loan debt?
A. You totally forget to pay your bills and spend $5,000 at the mall; or
B. "Suddenly" you look and you've paid off over $5,000 in debt!
Don't despair, dear readers, the answer is happily B. I actually did forget to pay one of my student loans a few months back. The Perkins loan is the only one not on automatic withdrawal because I am snowballing it and the web site isn't smart enough to let me do that automatically. Luckily I wasn't "late" with my payment since they consider me paying ahead already. Phew.
Without further ado, here is the roundup:
For the first time I realized that since my parents technically are responsible for the Private Undergrad Loan (it's just on my credit score so I keep it on the list) that I've actually been in the Five Figure Debt Club for quite some time. Not counting that loan, I *only* have about $89k in outstanding student loan debt.
But, of course, I do count that loan and maybe someday, if circumstances change, I will have to make payments on it so the official Under $100k Student Loan Debt Party is postponed probably until April/May of 2013 which is right around the corner if you think about it.
A lot can happen in the next six months and we are eagerly awaiting news on multiple different fronts. Hopefully by the day five figure debt becomes a reality we will have some answers on moving, new jobs, family building, etc. Stay tuned.
