[-$88,786] I’m in the 80’s! Let’s Keep This Train a Rollin’!



Finally! Goodbye to the 90’s, which became as worn out as a pair of (MC) Hammer pants. Woohoo! Welcome 80’s, although I don’t want to stay here as long as I stayed in the 90’s.

Current stats from my lender:

Balance: $88,786
Term Remaining on Debtor’s Prison Sentence: 3 years and 5 months
Current (variable) Interest rate: 3.59%  
(up from original rate of 3.42%)

Pull out the cassette tapes!  Here’s a random pic of the Doobie Brothers to take you back in time.


How can the Doobie Brothers do anything but put you in a good mood!
“What a Fool Believes…”  I think that song was playing in the background while I was signing my life away student loan documents…

Yes, interest rates are rising everywhere, including on the loan. I’m still in a very good place compared to my rates before I refinanced, so I’m not too concerned…yet. In any event, it’s good to reach a new milestone.


So yeah, hey, another one bites the dust! I may have to make this one of my anthem songs. Credit to Queen for creating one of the sickest bass lines of the 80’s. RIP Freddie.

Blogger Blasts

Shout ‘back’ to a few new blogger friends. Stop by and say hello.

Liz@Less Debt More Wine: Life & Personal Finances for Those with Above Average Student Loan Debt.

  • Thanks for the re-tweet, Liz! Liz is a law school survivor currently battling over $262,000 of debt, most of which is student loans. A fellow member of the six-figure debt club.

Viking Tantan

  • Thanks for the DDSW shout out over on your blog, VT! Meet Viking Tantan and her pet debt dragon Draxl, who is really cute but way to big for his own good. Currently in South Korea, (I’m sooo jealous), where she has written and vlogged about her experiences, Viking Tantan is now paying down the last 15k of over 30k of debt.

.Terri@Chasing Simple Dreams

  • Thanks for including DDSW on your blogroll, Terri. Omg, Terri is a total PF twin. A young and sprightly early 40-something woman, Terri is paying off over $120k of student loans while working to stay physically fit. She is also practicing minimalism with the goal of one day buying a tiny house. With plans of forging a new future, she just moved to a new city a with her troupe of “four-legged furballs” in tow.


Alright peeps. Thanks for all the good comments. Keep ’em comin’. How are your debt and/or savings battles going?

Woot! Time for more DB!



“Debtor’s prison is real, and opportunity cost is a bitch.” (DDSW) [All posts on one page]


  1. blonderbetterfasterstronger · December 15, 2016

    So I don’t want to get all sales-y on your post, but if you have a First Republic Bank in your area, you may be able to refinance (again) with them to a lower fixed rate. My monthly payment is huge, but I chose the five year repayment term and my rate is 1.95. If you have one near you, I’m happy to refer you (not sure if the promo is still going on, but my coworker and I each got $200 for her referring me).


  2. Cynthia · December 15, 2016

    Hooray! I have been waiting for this one! Hopefully, the Doobie Brothers will be singing you into the ’70s very soon. (I think of them as more ’70s.) Good for you DDSW! Get ready for some Disco Fever! 🙂


    • doubledebtsinglewoman · December 17, 2016

      Yes, it seemed like it would take FOREVERRR to get out of the 90’s. The Doobie Brothers were still pretty popular in the 80’s. What a Fool Believes came out in ’78/’79 and Let’s Keep This Train a Rollin’ came out in ’80. To me, they were a part of the 80’s. Oh yeah, they’ll still be hanging around with me in the 70’s when I get there. 🙂


  3. vikingtantan · December 16, 2016

    Thank you for the shout out. 🙂 Congratulations on getting into the 80s! Love seeing your progress on your financial goals.

    Life here is a bit hectic at the moment with English Camp coming up in a couple of weeks, but things are going well. I’m excited for the end of the month to get here. After my loan payment is processed, I’ll be in the upper 13s and will have one of the little loans paid off (my students loans are 5 little ones combined into a big one). Yay!


  4. zeejaythorne · December 17, 2016

    WOOHOO! You are in the 80s!!! That’s incredible! You’ve been working so hard! #dances


  5. Terri · December 20, 2016

    Oh my God, as I read through your post, I heard the jingle from VH1’s “i love the 80s” show! Thank you SO MUCH for mentioning my blog! I’ve now actually “met” someone (virtually, anyway) who lives in my town because she read about my blog through you, and we are going to try to meet up after the holidays! So, thank you for that too! I just saw you paid off over $30K on the credit cards – that is simply amazing. I am hoping to pay off my $2000 credit card balance on one card by this May. That’s my goal and it’s keeping me motivated to save, save, save and try to find extra work (luckily, I have some transcription work coming up that will help with that goal.)

    I’m totally going to check out these other ladies too, thank you!

    Finding your blog – it made me feel so much less alone. Thank you. And yes, I do feel like I “signed my life away” when I signed those student loan documents. Unfortunately, my interest rate is higher than yours on the biggest chunk – 7.75%. The private loans are more doable, but that rate is one that can change with the LIBOR rate, so I’d like to get it paid off pretty quickly.


    • doubledebtsinglewoman · December 22, 2016

      Awww shucks! Thanks, Terri! How cool that someone found you through my blog. Let us know how the meetup goes.

      Have you considered refinancing your loans? I refinanced mine and cut my average interest rate almost in half, which helped A LOT. Given that you just moved and haven’t been with your new employer for very long -refinance companies like to see at least a year or two of steady employment with the same employer -perhaps its something to keep in mind for the future?


      • Terri · December 30, 2016

        I did look into the refinancing, a little while ago when my salary was much higher. I doubt that they would approve me now at my current salary, and also, I have more flexibility with the income based repayment plan if I keep the federal loans the way they are. I’ve calculated that in the long run, it’s actually much less money that I will end up paying back.


  6. Pingback: Thank You and Hello! :) – Viking Tantan
  7. Maria · December 21, 2016

    Congratulations! 😀


  8. thesingledollar · December 22, 2016

    Hey! Sorry, I’ve been absent responding to election stuff and missed a whole slew of updates. Congratulations on getting into the 80s and on the promotion! With the nightmare descending on the country it’s good to see someone getting a little good news 🙂


    • doubledebtsinglewoman · December 22, 2016

      Hey! There you are! I was about to organize a search party to look for you. 🙂 It’s good to see that you’re coming up for air. Thank you. Yes, the promotion/raise news was a much needed shot in the arm that has me more motivated to keep going.

      Ooh. Mystery… Looking forward to your next post to let us know what you’ve been up to. Any covert operations?? 🙂


  9. networthnegative · January 11, 2017

    Ah, finally someone I can relate too! I like your style! I am in 6 figures of debt, but I’m tracking my net worth which keeps freaking growing 😦 However I am poised to eliminate a bunch in the next few months. Congrats on your milestone!


    • doubledebtsinglewoman · January 14, 2017

      Hey! Thanks for dropping by. Hopefully things turn around soon. It looks like 2017 will start off well. Let’s hope we can keep up the momentum.


  10. Joe · January 26, 2017

    Awesome work!


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