Ouch. More interest accrued than I was able to make a payment on. That blows!
My loans are such that the federal govt has combined them all on myfedloan.org. Nice because I can view them all together and really comprehend how much interest is accruing but dayummmm it hurt to look at.
The good news is that with my next pay check I will be able to fully pay off my undergrad student loan. Woo woo!
Someone today recommended that I take out another loan (such as a home loan) that has a lower interest rate to pay off my student loans (which have a rate of 7%) -- anyone have thoughts on this?? Is that even allowed? Is that a bad idea?
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