When will my student loans be PAID OFF???
Thought?
Frustration! Just finished paying bills for the month and I hate the fact that I'm now a stay home mom (after teaching for 6 years) and still paying on my student loans! I only have one left but it is so frustrating how much it costs for schooling, I can only imagine what it'll cost us to put our son in college when it's time! It's funny how they want you to start saving for your child's education the minute they are born but you don't finish paying your own off till they're in school!
Aaron Lynch said:
Can you imagine what it will be like for those people who have near the $100k mark when they are all finished and ready to START working?
ugh
ugh
Ryan Everhart said:
Luckily for me my dad was able to pay for school. For that reason I am going to do everything in my power to maker sure I can pay for the school of my two little girls. I started two Roth IRAs right after I got out of school. Only contributing $50 a month to each right now, but hopefully we can up that soon.
It's tough being a one income family. We're right there with you.
It's tough being a one income family. We're right there with you.
Aaron Lynch said:
Same for me Ryan, my parents made it really easy for me to get a fresh start after school with no debt.
I remember when I set up the CollegeBound fund for my kid...they were like
"How old is your son?"
me: "oh, about 3 weeks old"
...needless to say they were surprised by that since apparently most of the kids who get set up for that are in the 5+ yr(ish) range for some reason.
I remember when I set up the CollegeBound fund for my kid...they were like
"How old is your son?"
me: "oh, about 3 weeks old"
...needless to say they were surprised by that since apparently most of the kids who get set up for that are in the 5+ yr(ish) range for some reason.
Aaron Lynch said:
lifted from their site:
"CollegeBoundfund is a flexible, tax-advantaged 529 college savings program sponsored by the state of Rhode Island. Your investment grows federal income tax free and distributions for qualified higher education expenses* are federal income tax-free. You may also benefit from special gift tax exclusions and estate tax advantages, as well as:
* A variety of investment choices including AllianceBernstein’s Education Strategies
* High contribution levels
* No income limits restricting who can participate
"
"CollegeBoundfund is a flexible, tax-advantaged 529 college savings program sponsored by the state of Rhode Island. Your investment grows federal income tax free and distributions for qualified higher education expenses* are federal income tax-free. You may also benefit from special gift tax exclusions and estate tax advantages, as well as:
* A variety of investment choices including AllianceBernstein’s Education Strategies
* High contribution levels
* No income limits restricting who can participate
"
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