Comments on: My Student Loan Decision http://milkyourmoney.com/2008/04/16/my-student-loan-decision/ Got Money? Milk the most from it... Wed, 08 Feb 2012 07:36:18 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Mike http://milkyourmoney.com/2008/04/16/my-student-loan-decision/comment-page-1/#comment-3280 Mike Sun, 28 Aug 2011 16:07:13 +0000 http://milkyourmoney.com/2008/04/16/my-student-loan-decision/#comment-3280 Was recently doing an update to my financial and debt freedom plan and research towards my decision for this ISL modification from 3 years ago. I have to simply say it was one of (if not The) most beneficial decision of my life. But no rest! I'm beating this loan off quick and fast. 3mo LIBOR has peaked over .5% twice in the past two years. Was recently doing an update to my financial and debt freedom plan and research towards my decision for this ISL modification from 3 years ago. I have to simply say it was one of (if not The) most beneficial decision of my life. But no rest! I’m beating this loan off quick and fast. 3mo LIBOR has peaked over .5% twice in the past two years.

]]> By: wanieda http://milkyourmoney.com/2008/04/16/my-student-loan-decision/comment-page-1/#comment-754 wanieda Wed, 23 Jul 2008 17:29:45 +0000 http://milkyourmoney.com/2008/04/16/my-student-loan-decision/#comment-754 <a href="http://student-loan-consolidationrebate.blogspot.com/" rel="nofollow">Student loan consolidation rebate</a> rebates are usually given by a private company when student loans are consolidated equaling more than $20,000. The more student loans consolidation, the higher the student loan consolidation rebate. This is usually a percentage of the principal loan balance that is either applied to the outstanding loan or sent to the borrower as a cash payment. This can be a very attractive offer, especially when in the form of a cash payment to the borrower. Student loan consolidation rebate rebates are usually given by a private company when student loans are consolidated equaling more than $20,000. The more student loans consolidation, the higher the student loan consolidation rebate. This is usually a percentage of the principal loan balance that is either applied to the outstanding loan or sent to the borrower as a cash payment. This can be a very attractive offer, especially when in the form of a cash payment to the borrower.

]]> By: Millie http://milkyourmoney.com/2008/04/16/my-student-loan-decision/comment-page-1/#comment-353 Millie Wed, 16 Apr 2008 22:26:58 +0000 http://milkyourmoney.com/2008/04/16/my-student-loan-decision/#comment-353 Good! I'm glad we've come to the same conclusion. I also didn't realize ISL is non-profit.. I've been researching LIBOR since Sunday, but I had very limited info read over the phone by my mom (mail still gets sent to her house). I'd been awaiting a copy of the actual offer since I wasn't sure which LIBOR rate ISL had chosen (3-month, 6-month, etc.). But after studying the historical rates, I realized that any of the LIBOR rates would be better than the ~4% increase in the past three months. I'm excited to continue making my current payment (which is over the minimum anyhow)! I have 5 years of out-of-state tuition, and I'm eager to chip away at that principal whenever it's feasible. Thanks for your posts!! Good! I’m glad we’ve come to the same conclusion. I also didn’t realize ISL is non-profit..

I’ve been researching LIBOR since Sunday, but I had very limited info read over the phone by my mom (mail still gets sent to her house). I’d been awaiting a copy of the actual offer since I wasn’t sure which LIBOR rate ISL had chosen (3-month, 6-month, etc.). But after studying the historical rates, I realized that any of the LIBOR rates would be better than the ~4% increase in the past three months.

I’m excited to continue making my current payment (which is over the minimum anyhow)! I have 5 years of out-of-state tuition, and I’m eager to chip away at that principal whenever it’s feasible.

Thanks for your posts!!

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