My book is about (among other things) avoiding college debt, but if you’ve just graduated and you’re looking at making your seemingly endless monthly loan payments, I’m going to send you on over to this post on Geezeo. Melissa Eastlake is a recent college grad who is figuring out how to handle loan repayments and she’s got some great advice in this interview.
A lot of students will relate to her story. She sailed along through college without really thinking much about her student loans and how she’d repay them. Many students get freaked out when they imagine those payments stretching out for the foreseeable future and prefer to avoid thinking about it until they absolutely have to.
That’s pretty much what Melissa did, but she decided to start building good spending/savings habits BEFORE her grace period ended so it wouldn’t come as such a huge shock when that first payment came due.
Read her story and follow her advice if you’re in her position.
If you haven’t started college yet, keep reading this blog! You’ll be happy to know that there are some great ways to save thousands of dollars on tuition. Oh, you might not think that’s such a big deal NOW…but you’ll be grateful when you graduate and you’re not staring at a decade of monthly payments that obliterate large chunks of your earnings.
A little planning now can make your 20s a lot easier–and way more fun. Trust me. 
1 Comment
January 14, 2008 at 10:10 pm
Maya – thanks for the shout out to our interview with Melissa at Geezeo.com We’re pretty excited about our site and how it can support your “financial must-do” life. Why? So you can concentrate on your “must-do” *LIFE* life! Your book project sounds amazing and thrilling…really grabbing life and living it! I’d love to read it when it’s finished.
Kind regards,
Katie McCaskey
http://geezeo.com/profile/katiemccaskey