Loan payments

If you went to school and earned an advanced degree, you are in debt (unless you did it the smart way, like my wife).  If you went back to school to get an advanced degree to be a school counselor, you are in debt unless you did it the smart way, like my wife.  Needless to say, I did and I am.  I am in debt.

The silver-lining to this is the caveat that says, if it takes you longer than 25 years to pay it off, you will be forgiven that debt.  I'm not exactly positive that this applies to everyone, from any school, and being financed by any company/bank/credit institution, but it turns out that it does for me.

My wife wisely commented, "If you could pay it off in under 25 years, you are most likely making enough money to where it isn't an insurmountable amount (to pay off)."

Still, for an advanced degree, that total amount is daunting and can make you feel as if you're going to be crushed.  No mercy.  No pause button.  Just an age-old adage that, "Interest never sleeps!"  For a loan, I don't want that to be true.  It's fine, when the interest is working for me--is in my favor--but creeping-up on me from behind is a scary thought!

JPS