Seems like we’ve had nothing but student loan updates lately on JerseySmarts.com, huh? Well, as I did yesterday, let me apologize again for the abundance of student loan reporting this week. However, even though you might be fooled at how professional JerseySmarts.com looks, this is still my personal blog and I’ll talk about one topic all week if I want to! So meh!
Only $69 thousand left!
The big news this week is that my student loan repayment plan broke through the $70 thousand barrier. That’s great! Seems like only yesterday that 2009 was coming to a close and I still owed $97 thousand in total student loan debt.
It would appear that I’ve come a long way since last December, huh? But the journey isn’t over yet. In fact, after going through my finances last night, I’m still on track to deliver the final repayment check to NJHESAA this December… only weeks away!
Sure, my savings and investments will be completely depleted, but that’s okay. The day after I make that final student loan payment, the work begins again to rebuild a savings and investment safety net as well as begin attacking the United States Department of Education (USDOE) student loan that I still have outstanding. But first things first – this NJCLASS loan must be repaid before I worry about rebuilding the safety net or attacking the USDOE loan.
Stay tuned – it’s about to get fun around JerseySmarts.com…
In May 2006, I graduated from Rutgers University with a Masters Degree and $120,720 in student loan debt. I currently owe $69 thousand, which breaks down to $14.6 thousand owed to the New Jersey Higher Education Student Assistance Authority and $54.5 thousand owed to the United States Department of Education. Follow my student loan repayment story on JerseySmarts.com.
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