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My parents made what seemed like a dream offer, and it turned out to be one indeed. . . for them. they'd pay for undergrad and I'd take it from there. Well I was a national merit finalist [PSAT] and a merit scholar [ACT]. That, with the combined ability scholarship [grades, athletics and music] provided by the university, paid my way through undergrad and then some [a paid internship and a modest lifestyle actually yeilded a net profit on the venture].
Then came Law School, 21K a year plus expenses. I maxed out every available loan [Perkins, Stafford, Law Access] to the tune of $73,500. Now I pay approximately $900 monthly in school loan payments. Then I recently find out that my next pay raise will 'phase' me out of deducting any of the $2000 of approximately $6500 in interest they now allow me on my taxes.
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