ITT: i am a grumpy financial aid counselor

[Baliset]

just three more days of annoying loan consolidation questions. THREE DAYS

 

[chupe666]

before you bring a gun and answer them all with lead?

 

[Baliset]

no before interest rates change and go up and when people call me i can be like "TOO LATE SUCKERZ!"

 

[inkybmistro]

anyone here still have outstanding student loan payments?

 

[minxnim]

like $35,000 worth
greg will you pay them? thx.

 

[xfer]

about 25k?

i'm not getting involved in refinancing stuff until i know the requirements for getting part of them paid back for teaching in urban areas. a guy i know did that and got fucked--couldn't use any aid payments.

 

[avi]

I owe nothing! the benefit of being a state school dropout.

 

[Josh Seipp]

hey greg what's the deal with the new rate thing ie should I re-consolidate?

 

[Baliset]

josn unforunately i don't think you can re-consolidate unless you have new federal that weren't originally consolidated.

i talked with someone once who was screwed because he consolidated his loans back in the 90's at 9% and then last year the interest rate went down to 3.42% and there was no way he could get in on that.

 

[Baliset]

i should also add that terran olson called me last week at work to ask me about consolidation.

 

[Josh Seipp]

hahahah!

i think I have a rate around 4% so I sholud be allright, I guess. as long as my rate doesn't go UP then I don't really care since I'm already budgeting for it.

 

[Baliset]

well if you consolidated and locked in a fixed interest rate at 4% then you are fine but if its not a consolidation then it might go up on july 1. give me a call if you need any help figuring this stuff out.

 

[Baliset]

ps. i should add that i am not keen on talking about my day job stuff on the board. haha


"everytime i think im out they drag me back in"