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Whoohoo!

October 1st, 2012 at 04:02 pm

We just got the letter that Brandus' student loan forgiveness application was APPROVED! That is $5000 that we do not have to repay!

For such a long wait, it was a very short letter. It didn't say which loan the $5000 was coming off of - he has a total of 4 student loans, of various amounts and interest rates. I'm hoping it came off of the highest rate ones, but I'm betting not.

But I am very excited about it, as it will change our monthly repayments less - which is more that we can put towards our credit card payments! And yes, I know, I could continue paying the same amount on the student loans and make them go away quicker, but, honestly, the credit card is much more important to me. The Discover card has a much higher interest rate than any of the student loans - it's much more of a priority.

Over the weekend, we also went to the Denver Zoo, where we have a membership. We ate lunch before we got there, and we had a ticket for a free ride on the train, so it was a pretty low cost trip..except for the snowcone we ended up getting for the small friend who went with us.

We went out to eat at The Old Spaghetti Factory for a treat, and it was totally worth the cost. Smile

3 Responses to “Whoohoo!”

  1. creditcardfree Says:

    Yipee!!! That is great news. I, too, would move that student loan payment savings to a credit card with higher interest. Great, smart move!

  2. Blessed Says:

    What fantastic news!!!

  3. Looking Forward Says:

    That is really great news! Smile

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