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I have about $4k under 2.5%. I would take my loan to my grave if it were an option. Don't feel weighed down in the least...

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Curious if this is still the case.

Down to ~26K @ 6.6%. Chipping away and hope to have these gone by the end of '15

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"Matt, take more time to pay for large purchases"

Then it goes into how I don't have to pay off my balance each month, that I only have to pay partial balances. Funny, they didn't mention how much the interest charges would be.

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what's your interest rate, like 12%? If you can't beat that in the market, I don't know what to tell you.

/TexAgs

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So true.

Things I've learned on TexAgs:

* No matter the interest rate, you can beat it if you aren't an idiot
* 100K+ salary by 30 or you must have barely made it out of HS

I also learned an almost infinite number of "passive brag" techniques where it looks like you have a question, but you're really dropping a salary, inheritance, capital gains, etc. number

I just inherited $923 from my grandfather! True story.

Bailouts.

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I just inherited $923 from my grandfather! True story.

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Hope that money was in a trust.

Who are these people getting 4-6% on their student loans? Are these undergrad only?

I went back to grad school in 2010 with great income and good credit... the only loan options available to me were federal loans at 8-9%.

Grad loans right now are 6.21% I believe.

The low rates are undergrad Stafford loans. Most likely, people with those rates went to school in an era where Stafford loans had a variable rate that adjusted every June or July (can't remember exacts). Since we went through a period of low interest rates, many that had variable rates in that era consolidated to a fixed rate at sub 3%.

I graduated in Spring '11 & my loans had the following rates:

4.5%
5.0%
5.6%
6.0%
6.8%

The majority were 6.8%. My wife was majority 6.8% as well.

Here is a link to current rates:

https://studentaid.ed.gov/types/loans/interest-rates#what-are-the-interest-rates-of-federal-student-loans

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Not sure how to take this (accountant)...

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Engineer
But my wife is a CPA.

I have 1.75% on my grad loans from 2004.

Which is why I haven't paid all of them off yet. I lucked out though. I got them at all-time historical lows.

Bump

OasisMan said:

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between my wife and me, we also owe a little over 200k

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Professions?

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MD in residency
shes an ecologist that just had to go to southwestern

fortunately a lot of hospitals offer loan forgiveness as a benefit

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just graduated

Hospital doesn't do loan forgiveness

attacking it hard