No time for big celebrations of elongated entries today about defeating my student loan debt and so on. Today, my student loan debt has fallen from $93 thousand to $91 thousand. I’m particular proud that I started this year with about $97 thousand in student loan debt. In fact, check this out:
Student Loan Debt Today: $91 thousand
Student Loan Debt at 12/31/2009: $97 thousand
Student Loan Debt at 12/31/2008: $105 thousand
Student Loan Debt at 12/31/2007: $110 thousand
So far this year I’ve reduced my debt by $6 thousand and we’re less than 2 full months into 2010. I’m pretty happy with that pace. Also, I’ve been very vocal about how much disdain I have for the New Jersey Higher Education Student Assistance Authority (NJHESAA). Here is my history with that loan over the same time:
NJCLASS Loan Debt Today: $36 thousand
NJCLASS Loan Debt at 12/31/2009: $41 thousand
NJCLASS Loan Debt at 12/31/2008: $48 thousand
NJCLASS Loan Debt at 12/31/2007: $51 thousand
I don’t like the attitude of the organization that holds this particular loan and I’m putting all of my effort towards completely retiring this debt in the next 12 – 15 months. And I might have a few tricks up my sleeve to help reduce this debt quicker as time goes along…
Anyway, I’m too close to another milestone ($90 thousand) to spend any time celebrating right now. Be on the lookout for some more student loan good news in the next week to ten days…
In May 2006, I graduated from Rutgers University with a Masters Degree and $120,720 in student loan debt. I currently owe $91 thousand, which breaks down to $36 thousand owed to the New Jersey Higher Education Student Assistance Authority and $55 thousand owed to the United States Department of Education. Follow my student loan repayment story on JerseySmarts.com.
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