General Discussion

where my partner teaches paid for about 80% maybe more, of the tuition for her MA.

At the time we were paying back on two loans for two of her (three) BA degrees. We had to put up the tuition for the grad degree up front. It took us about 16 years to pay off all of that at the same time paying a mortgage and cars.

So just when we get everything paid, the mortgage and all of the student loans and I also went to community college and earned another degree (BIO AS) which we paid for as I went. At that point one of our kids who has two student loans started to pay them back. We are paying one of those loans for her as long as she is saving her money for a house and thank goodness she has a degree that has reasonable earning potential (Medical Lab Scientist) plus she has a good job.

Both of our daughters student loans are held by the federal government, we send payment to fed-loan servicing center in Atlanta. I'm not sure but I think the federal government holds the vast amount of student loans these days. The best thing to do is send in a little extra money every month, that extra goes to the principal. Do the same with your mortgage. The mortgage on our current property was a 15 year note, by adding 100 to 150 dollars per month extra every month we paid it off 18 months early.