Wednesday, April 11, 2007

School loans, be gone

I am SO happy right now! I just wrote the LAST CHECK to pay off my student loans. I finished my MBA in May 1997 and started paying on my loans right after graduation. So, it’s been 10 YEARS that I’ve paying for my graduate education. Some years have been better than others (2002, for example, sucked as it was hard to write loan checks when I didn’t have a JOB) but it’s finally done and over with. And, I do feel fortunate that I had loans ONLY from graduate school (my parents and I somehow managed to make it through my time at U-M without any – whew). Just to make myself feel better (or feel worse, actually), I looked at the amount I originally borrowed ($17,000) and the amount I paid in the end ($21,649.88) and saw that I paid $4,649.88 in interest – that’s always a good time. Gotta’ love interest!

OK, OK, I’m focusing on the wrong part of the story. The most important thing is that I no longer have to pay for school of any kind for myself. It never seemed like this day would come. Now I can use my money to buy Harmon more things (like he needs more things, can you say SPOILED?). Or, maybe I should buy myself a little present in celebration. This looks nice (in Vine Green).

This is funny, just as I licked the envelope holding my last payment, Craig Monroe hit a grand slam for the Tigers in the top of the 12th inning. It was like he was celebrating with me!

There is more Bergquist education news to share so be on the lookout for some blog news from Kevin!

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