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      11-07-2019, 04:45 PM   #18
grocerylist
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Drives: BMW M235i
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Location: Seattle, WA

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Quote:
Originally Posted by shay2nak View Post
For me I took out a loan the 1st and last year. The years in between I got full scholarship. When I got a job, I started paying double what the amount due was. Didn't take long to clear it out.
I had loans but also got Pell grants that subsidized much of the interest while I was still in school. I only owed about $20k but when I consolidated my loans at 3% interest, I made sure to only make the minimum payments which was less than $150/month for 15 years and invest whatever else in a total market fund. Thankfully I graduated before Bush Jr opened the flood gates on student loan interest rates.