Student Loan Success Strategies - Introduction

Student Loan Success Strategies - Introduction - You can do this!

I was responsible to come up with my own finances for undergrad and law school. I have gone through this process twice and have come out debt free. You can do this too.

Actions to achieve success:

A. Understand your loans,

B. Carefully plan a personal budget,

C. Exercise discipline and be consistent in your payments and you will receive the benefits long-term.

Info from "Success Strategies & Repayment Realities: A Guide to Repaying Student Loans," published by Access Group, Inc.

Comments

Book notes from: The Great Depression: A Diary, by Benjamin Roth (2009)

Roth 's book c ompares the economic conditions in 1873 to 1929-1934: The 1873 panic was preceded by Civil War- then 8 or 9 years of hectic prosperity, speculation, rising prices, corruption in government- and then sudden panic, bank closings, etc. Organized movements to stop foreclosures. Wild schemes to inflate currency. "The panic of 1873 lasted 5-6 years," and the Great Depression started in Fall 1929 and lasted through the early to mid 1930's, in which 4 years were hard until they started seeing true signs of recovery.

Undergraduate student loans PAID!

Ugh for borrowing so much, yay for getting it PAID!: 5,000 3,500 4,000 2,750 2,500 406 602 1,625 1,375 5,393 14,813 $41,964 Interest $ 3,659 $45,623 Next up Law School.

Getting to Spira

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