Michael Cavacini

An award-winning arts and culture blog.

Archive for the category “School”

I Paid Off My Student Loans

ImageI don’t like debt; it hangs over me like a cloud. The only debt I’ve had since graduating college four years ago was my student loans. Compared to some graduates that owed $60,000 or more, the amount I had to pay back was small potatoes. But last night I decided I didn’t want to have this cloud hanging over me any longer, so I paid the remaining balance. While I’m not looking forward to seeing the full amount withdrawn from my bank account in a few days, I’m glad I did it. That’s one less thing to worry about. And now that I don’t have a monthly payment anymore, I can replenish my savings account at a much faster rate.

  • How does debt make you feel?
  • Have you ever paid off something big (e.g., a car, house or student loans)?
  • If so, what did you wind up doing with the extra money?

Feel free to share your answers below.

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