Thanks for your thoughts, Raven. I have consolidated, and am locked in at 4.75 before discounts. And I had forgotten about the 1% after 2 years of on-time payments! In terms of the loan forgiveness, the loans are held directly with the good old U.S. government, so they're eligible. The only trick there is that the law is very new, and the first batch of loans that will be forgiven won't be happening until 2017 (the law was retroactive to loans beginning repayment in 2007), so there's assurances -- and we know that a lot can change between now and then, so it's certainly not a given.I do have a small emergency fund, but it's in need of some bolstering. Also, I'm honestly not too eager to own a home; I've seriously considered never becoming a homeowner for personal and financial reasons. Psychologically the debt is large as a whole, but when breaking it down into monthly payments doesn't seem quite as daunting.-Narn Ceredir
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