Just got my first bill from good ‘ol alma mater… the due date for the first payment is January 1, 2008. Happy New Year’s! Time to pay the piper!
From now until 2017, I’ll have to commit $160 every month to pay back my college loan. NOT complaining, though, I basically lucked out with an interest-free loan. And let’s face it, <$200 a month is a very feasible repayment when I think about the many, many college grads out there who are saddled with bigger loans.