I am thrilled to report that I am finally freed from the debt that I have accumulated while attending Le Cordon Bleu College of Culinary Arts (in Pasadena, CA). It’s very exciting news! I finally did it. For years, a part of me died each month when my hard earned dollars were being thrown away to pay off the massive debt. On the 15th of each month, I *donated* $305 for loan #1. On the 28th of each month, there was that $280 payment for loan #2. That was almost $600 that I was throwing out the window every single month. Do you know what I could have done with an extra $600 each month? That could have been an extra $7,000+ a year that could have gone into savings, used for vacations, going on shopping sprees, getting a better car…..the possibilities go on and on… ****sigh***
But oh well, what’s done is done and I shouldn’t dwell on the loss. If I was to proceed at my payment plan, I would have had some more years to go. Before making the final payment, I actually had a total of close to $14k left. But I am finally done. Halleluja! Logging into my two accounts, there is no feeling more liberating than to see the balance at $0.
I tell ya, Student loans can be a bitch. I have had nightmares about if I were to suddenly get sick, not be able to work to and become unable to make the payments, then to have my credit fucked and my life fucked. I imagined myself having to borrow money from loved ones and loading on the horrendous burden on them to only have them hate me for it. I’ve imagined the economy going down the toilet and becoming unemployed and unable to find a job for months and months as my debt and interest only accumulated. I mean, nothing in life is promised or guaranteed. Unexpected uncertainties happen everyday. And for years to come, I was going to have that debt lurking over me, following me until I died or paid it off.
But now, all the worries of that lingering student debt is now GONE.
In a way, I feel kind of fortunate. I see so many students leaving the school, unable to find jobs (or decent paying jobs). They struggle to pay off the debt. Too many lives get ruined.
I have said before and will say it again……. had the school been not shitty, I wouldn’t have felt such a loss with the money that I lost. I initially went enrolled in culinary school for fun to pursue a hobby that I had. I never had intentions to actually work in a kitchen (some time later, the school offered a Master’s chef program geared towards home cooks…but it wasn’t offered at the time I attended). I got excited about learning food history, the science of food, different food trends…..I looked forward to the delicious meals I’d be eating every night. If you’ve missed it, you can read about my horrendous experience in detail here. Apparently, that has been my most viewed post throughout this blog.
For shitting away $50k, I kind of expected food items that we worked with not to have molds on it, that their outdated equipment didn’t have to be shared by ten other students, for instructors to share more knowledge than read off of the PowerPoint, for the people at administration not to fuck up ever possible thing with paperwork each term (that had to be the worst). Oh well, thank goodness they made the decision to shut the stupid school down.