Friday, October 9, 2009

Student Loan Repayment Surprise

I just received a letter that my student loans are going into repayment even though last time I checked they weren't going to officially enter into repayment until the end of 2010! Not a big deal because I've been paying them anyway, but now I "have" to pay them. And I don't like being told what to do!

I figured out that the school I was attending provided the loan companies with an "estimated" graduation date. But as soon as I didn't re-enroll they sent out some kind of notice to the loan companies, that recalculated when I actually stopped going to school. So not only is it way sooner than expected, but since they have to back date it, it starts in 30 days!

Again, if you are paying on your loans already, this shouldn't be a big deal, but if you aren't you could end up with a nasty surprise.

Of course if I enrolled in another class they would probably get pushed back again, but I can't think of anything I want to learn! Plus I don't really have the time anyway.

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