The other day, in [DebtFree], I reported that I had finally paid off my student loans. In our debt-ridden, spend-happy, bankruptcy-erupting world, the act of achieving a zero balance on a debit sheet is, in my opinion, an event to be celebrated.
It was with this mindset that I excitedly opened a letter I received yesterday from the Federal Direct Loans program. What sort of praise awaited me behind the frosted pane of the windowed envelope? Did the modest parcel contain a certificate, suitable for framing? Would it be personally signed by Margaret Spellings herself? In fact, is that a hint of perfume I detect on the flap??
Electronic Debit Account Suspended
Electronic debiting of your Direct Loan payment is being halted temporarily because we granted a deferment, forbearance, or other type of suspension of payments on your Direct Loan(s).
We will send you a Notice when electronic debiting is to resume for your monthly payment.
We require no action from you at this time.
I guess I didn't so much pay off my loan as I was granted some "other type of suspension."
I feel so ... left behind.
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