Tuesday, December 8, 2020

Student Loan Progress December 2020!

What a year!  I admit I hadn't thought about my student loans much for a while as I'm down to just the federal loans with a relatively manageable automatic payment and interest rate.  The news that the incoming President may forgive student loan debt, however, has prompted me to check on my current total so I came back to the blog to see where I was at the time of my last post.

At my last update in November, 2017 I estimated by my next check in I would be below the $50k mark.  As of today the new total is $55,202.14!

The breakdown is $30,178.25 in the Subsidized Stafford and $30,178.25 in the Unsubsidized Stafford.

Sigh.  I wish it were below $50k but it's still much better than the days of 6 figure debt.  I won't weigh in on the politics/policy of forgiving student loan debt....but I can't lie it wouldn't be a weight off my shoulders.

In other news, my kiddos are 7 and 5 and both in public school five days a week IN PERSON this year for which I am thanking my lucky stars.  Child care costs are way down this year, partly due to the pandemic and partly due to their ages.  We are only paying $300 a month now for one child in aftercare.

I have been working from home for the past ten months and my family has been healthy and well for which we are enormously thankful.

Still in the home we purchased in 2013 and in the process of potentially selling the condo we purchased in 2008.

1 comment:

Unknown said...


I'm giving gratitude to Mr Pedro for all of his help in securing our loan for our new home here in Fruitland. You were organized & thorough & professional, as well as kind which made all of the difference in our interactions with you. We put our trust in you and you most definitely came through for us. Thank you for your patience as well as treating us as people rather than just home loan customers. You stand above the rest, I want to recommend anyone here looking for loan or investors to contact Mr Pedro and his staff because they are good people with gentle heart,
Mr Pedro Email Contact : pedroloanss@gmail.com



Regards,
John Burley! Our hats off to you!!"