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My One Year Student Loan Payoff Update

  January 28, 2022 marked my one year anniversary of paying off my student loans . Reflecting back on choosing to pay off my student loans leaves me with several take a ways that I want to share with you! In September 2020 I decided to become debt free by utilizing the debt snowball method to pay off all my debt. Before this I had struggled to save and really understand basic financial principles. As a first-generation college student, I received a scholarship to attend undergrad for free, but the scholarship did not cover summers. During the summers I took out student loans to cover costs without paying interest rates or how much I was taking out. By the end of undergrad I had amassed a little under $17K. Fast forward to graduate school I received another scholarship that covered my education. At the time I was a teacher in a new very expensive city and I had missed the cutoff to have my paycheck last me throughout the summer. So, I decided to take out a loan for two summers to keep
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Joe Biden's Doing What for Disability Services and Special Education?

 

About a week ago, a colleague forwarded me an article from Disability Scoop regarding an update to President’s Biden budget regarding Special Education and Disability Services. As you know, I thoroughly enjoy talking about disability related concerns so I decided to take a look at the article. I actually recorded a video on this topic in early January as Biden was taking office that focused on his plans for the disability community. I was surprised to find a comprehensive write up that focused on several pertinent issues related to individuals with disabilities. Be sure to check out that video on my YouTube channel!


Figure 1: This is a thumbnail from my YouTube video on “Joe Biden’s Doing What for Disability Services and Special Education?”

 


In the Disability Scoop article, I learned that Biden plans to set aside 400 billion dollars for PWDs to live in the community and not institutionalized settings like nursing homes or other medicalized facilities. This is an important factor in that PWDs deserve to live amongst their nondisabled peers in whatever setting that they choose. A portion of this money will also be set aside for individuals who are on Medicaid waiting lists to assist them in receiving services much quicker as these waiting lists can be 6 months or longer.

Figure 2: This is a photo of a one hundred dollar bill.

 

16 billion is being proposed to fully fund IDEA or the Individuals with Disabilities Education Act. If you work in K-12 then you know this is what pays for most of our students services that are listed on their IEP. An extra 250 million is also being proposed to go towards early intervention. Early intervention services help the community we serve by providing services early on to improve outcomes among PWDs. The new budget will begin in October 2021 and I will definitely keep you updated on the proposed budget changes. What are your thoughts on these large numbers? Is there anything else you hope to see done? Drop down in the comments and let me know! Be sure to check out my latest video on the subject below!

Figure 3: This is a picture with the letters I-D-E-A on a background with puzzle pieces



SUBSCRIBE: Biden's Doing What for Disability Services and Special Education?

 

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Coupon Code: Ms. Duggan

 

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My One Year Student Loan Payoff Update

  January 28, 2022 marked my one year anniversary of paying off my student loans . Reflecting back on choosing to pay off my student loans leaves me with several take a ways that I want to share with you! In September 2020 I decided to become debt free by utilizing the debt snowball method to pay off all my debt. Before this I had struggled to save and really understand basic financial principles. As a first-generation college student, I received a scholarship to attend undergrad for free, but the scholarship did not cover summers. During the summers I took out student loans to cover costs without paying interest rates or how much I was taking out. By the end of undergrad I had amassed a little under $17K. Fast forward to graduate school I received another scholarship that covered my education. At the time I was a teacher in a new very expensive city and I had missed the cutoff to have my paycheck last me throughout the summer. So, I decided to take out a loan for two summers to keep
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