Quote:
Saving the world with $88,000
Nothing worked right when I needed more student loans and then I accidentally accepted all of them--and then couldn't get the money for 3 months.
I don't know how much I actually accepted and how much I actually got, but on top of charging 8% interest starting when I was approved, 90 days before I was able to spend any of it, they charged the equivalent of about 6 months interest to generate the loan.
I haven't specifically done anything with it.
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Surely you didn't take out $88K in loans for a single year. How do you not know how much money you took out in loans? Where is this money today since you said you didn't spend it?
Job #1 should be paying back every dime you don't need instead of letting it accumulated interest at 8%. ($88K @ 8% is $7K a year in interest)