Budget-Friendly Weekend Fun

It's like owning a condo, except it's in my mind

Yes, that’s how I describe my mountain of law school student loan debt to people.  It’s literally like I bought property, except I can’t live in it.  I like to call it a condo, because it would really only be like a condo in some crappy bay area suburb; however, in the midwest, I’m fully confident that I could have bought a 4-5 bedroom McMansion with what I owe the federal government for my education.

This brain of mine, it’s real pricey.

Anyway, if you have student debt, you know how all-encompassingly (not a word, apparently.  Whatever) sh*tty it is.  Mine were constantly being transferred between providers (oh, you thought that online loan interface was bad?  Well just check out this one!), not to mention my absurdly high interest rate of 7.5% (shootmeintheface).

Also fun: first year of law school our first big research/writing assignment was about the process to get your student loans discharged via bankruptcy.  The verdict?  You pretty much can’t get them discharged.  Ever.  For any reason.  Sooo, that was a nice little mind-$%#@.

However, recently I came across a little ray of hope in the stupid world of student loans — SoFi.  They’re a Silicon Valley-based startup that’s alumni-funded.  They’ll take over your loans and lower your interest rate if you qualify.  I mean, it’s not like they’re gonna pay them for you, but they can save you some money in the long-haul.  Like, thousands.  (And I don’t know about you, but I’m not Scrooge McDuck rich over here, so I like to hold onto my thousands when I can, thank you.)

Anyway, if you have student loans that are ruining your life (or just making it mildly uncomfortable — whatever) check out SoFi here.  And, if you apply through that link, you get $100.  What up, Christmas shopping!

PS: I also saw somewhere that if you get approved they’ll send you a pie.  Super random, I know.  And I’ve sent an email to ask about this pie — I’ll report back on what I find out.  I mean, if it’s mincemeat or something, I don’t really know what to tell you; but free’s free.