To the numbers!
| Account | Debt | Min. Payment | Interest Rate |
| Private Student Loan 1 | $0.00 | $110.46 | 0.000% |
| Private Student Loan 3 | -$8,454.39 | $153.82 | 6.620% |
| Private Student Loan 4 | -$9,564.89 | $245.40 | 3.750% |
| Private Student Loan 2 | -$7,109.52 | $93.30 | 5.140% |
| Federal Student Loan 1 | -$21,440.37 | $0.00 | 6.800% |
| Federal Student Loan 2 | -$13,946.84 | $0.00 | 5.310% |
| Federal Student Loan 3 | -$11,184.47 | $0.00 | 6.800% |
| Federal Student Loan 4 | -$7,748.09 | $0.00 | 4.450% |
| Federal Student Loan 5 | -$5,561.12 | $0.00 | 4.450% |
| Federal Student Loan 6 | -$3,147.30 | $0.00 | 5.600% |
| Federal Student Loan 7 | -$2,863.10 | $0.00 | 4.660% |
| Federal Student Loan 8 | -$2,457.12 | $0.00 | 6.800% |
| Federal Student Loan 9 | -$2,307.18 | $0.00 | 6.800% |
| Federal Student Loan 10 | -$2,003.02 | $0.00 | 5.600% |
| Federal Student Loan 11 | -$1,639.01 | $0.00 | 6.800% |
| Federal Student Loan 12 | -$1,144.25 | $0.00 | 5.600% |
| University Student Loan 1 | -$4,004.61 | $60.41 | 8.000% |
| University Student Loan 2 | -$3,090.59 | $42.43 | 0.000% |
| University Student Loan 3 | -$568.18 | $30.00 | 8.000% |
| University Student Loan 4 | -$370.13 | $30.00 | 8.000% |
| Total | -$108,604.18 | $765.82 |
February 2021 – Student Loan Balance(s): -$110,210.06
March 2021 – Student Loan Balance(s): -$108,604.18
Total Payments: $1,739.59
Net Difference: $1,605.88
Not bad. I’ve reached a mini-milestone as I am now under $110,000.00. -$108,604.18 is still a huge student debt load, but each month it gets a bit easier to see my way out. March is going to be a decent student loan debt repayment month, and as of 1st of March, I have already put more towards PSL3 than the total amount I put towards all loans in February. Much of the huge initial payment in March comes from the fact that I am currently staying with my parents, rent free. More on that later this week.
At the moment, I am perhaps the most hopeful I have been at any part in my student loan debt repayment journey. At the beginning of the year, I set a goal of paying off both PSL3 and PSL4 by the end of the year with no real plan as to how I would accomplish this. There is now a plan. My life is incredibly busy right now and some days I am barely holding it together, but I am so incredibly hopeful.
Ms. Afro Penny 
what’s there to say except YAY?
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Awe, thanks C. And yay!
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I’m so glad you’re feeling hopeful! That’s a good feeling and it’s justified. Enjoy!
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Thanks Ellen! It is justified, correct?!? I think I felt a bit guilty about my huge March 1st payment (not reflected in the totals above) because it is only really made possible by me staying rent-free with my folks. However, I have repeatedly tried to broach the idea of paying rent to them and they have refused to entertain it. I think this is because they wish that they had been able to pay for my education, and want to support me in this way. I now acknowledge how important this is to them and I am just going to accept the support. So yea, just feelings of hopeful and not guilty.
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I have a feeling that $8k on PSL3 will be gone soon at the rate you’re going. Can’t wait to see you go under $100k!
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Thanks Avery! As of March 2nd the balance on PSL3 is $6,600.57 and it is my hope to be able to throw a bit more at it before the end the month. Will be SOOOOOO excited to be under $100K…I think it will happen in June but definitely before my second blogging anniversary on July 4th. Thank you so much for your excitement…it’s contagious!
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