I don't understand how you could make a dent on your balance this way
I mean, I know the financial crisis is hitting non-federal employees harder than me, but I was pretty surprised to see this warning on the payment page of my student loans:
Payment amount cannot be less than $1.00. If you would like to make a payment for less than $1.00, please pay by check.
I've heard of people taking "forever" to pay back their student loans, but I had always figured it was hyperbole.


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