I finally decided after 12 days to find out how much, if any my LS's actually moved and it instantly depressed me. I got sick to my stomach knowing that after doubling my payment not the entire second payment went totally to the principal.Thankfully, majority of it did while the regular payment was devoured by interest.
Yeah, yeah it will get better over time but "good God almighty" this is totally unbearable. It's so bad that some days I wonder if going to college was even worth all this headache. You know they say higher education will ensure a higher salary than those with only a high school diploma, right? Well, right about now with the economy the way it is, the educated folks seems to have the wrong end of the stick.
Don't believe me, look at it this way then; if one person from each world gets laid off, who has more debt to pay? Who may have more bills left over once the unemployment income finishes? Who may have to cut more extra curriculum activities to survive? Let's face it, traditionally, people tend to spend more as their income increases; hence they will have a more dramatic fall than others in "my" opinion. I intentionally excluded the notion that they have savings or emergency accounts since most Americans do not and yes we all should.
Now back to the ridiculous things many people have which, by the way, may be twice there income. I'm shouting it loudly, I hate having student loans and by God it's turning my stomach as I compose this post. I know my AP and I just had a chat via text to bring me back on the bright side and I said it was time for bed; however, I had to get this foolishness off my chest until next month. And ironically, I was so excited about throwing two payments at it and did up until I decided to see what if any difference it made. I made those payments on the tenth of February and I finally checked the difference tonight hence this post.
What is my solution to paying off my student loans currently? Well, eating as much bean, veggies and drinking plenty of water because everything else might just be a treat.
Yes, I am Earth Vibez and SL's payments should be forgiven and/or the payees should get tax breaks like the Wall Street greedy Corporations.