Federal Student Loans Forgiven!

student loans forgiven

It really happened!

On July 14th, I received an email from the U.S. Department of Education stating that I was eligible to have my federal student loans forgiven. All I could think was, “What?! Is this real?”

The Supreme Court had just squashed my hopes of student loan forgiveness and everyone was talking about how student loan payments and interest accrual would begin again this fall. I was upset, but thought possibly something might be happening in the background helping me.

Back in April, my new Nelnet account stated that student loan payments would be due September 20, 2024. At least I would have more than another year of breathing room. But then why did people keep saying that payments start again in the fall?

Why did I have a different payment date? Was it just me? Was this because maybe they would be forgiven? Last year, I speculated that astrology could support student loan cancellation. Could this be true?

Well, spring turned to summer and I heard nothing. Until July 14th. The email said people had until August 13th to opt out, but nothing else was needed. So I waited and tried not thinking about it. I hate to wish away precious summer days here in New England!

Needless to say, starting August 14th, I was frantically checking my Nelnet account for a zero balance. It was all still there. Since I realized the process could take a while, I would need to chill out a bit and stop looking so much. I checked the next morning and all still there. But that evening, it was zero and said the loans were all paid in full! Well, alright.

That looked great, but I still had not received a letter stating that it was really forgiven. I didn’t receive all the emails and letters stating it was official until last Saturday. It’s done!

Whew! What a relief!

Coincidentally, I also finally paid off the third of five private student loans last week. Yup. I still have private student loans. But now I can focus on paying down these last two student loans as quickly as possible. Forgiveness only applies to federal student loans, not private.

Student loans are horrible. Especially the interest that accrues. That conservative organizations continue trying to block this relief is appalling.

My student loan debt was forgiven because I was on an income-driven repayment plan (IDR) and paid for more than twenty years. And that was more than enough.

Boston’s Hotel Alexandra for Sale Again

Hotel Alexandra

Like that classic 90s jam by Portrait, here we go again. Boston’s Hotel Alexandra is up for sale.

As I mentioned in my post back in 2019, I’ve been following this property for decades. Whenever the lottery goes really high, I start having real estate fantasies about buying it if I won. With the Powerball jackpot now up to a billion dollars and Mega Millions not far behind, I’ve played a few times. Even won a few bucks! So I’m reinvesting my winnings and continue to try my luck.

Silence remains on the project website about construction starting on the most recent plan for development and I’m wishing for winning lottery numbers. So I started wondering what was going on. I searched and found an article from last month on The Boston Sun stating that Hotel Alexandra is now up for sale by Cushman & Wakefield. What?!?!

I emailed the Boston Planning & Development Agency project contact, Nick Carter, and asked if he knew anything. He replied, “I have not heard anything to that effect but I would also say that we often are not updated on things like this.”

Huh. So I dug a little deeper and found information on the Cushman & Wakefield website. It’s true! There is a post dated June 1, 2023, stating that they are marketing The Alexandra. See below.

Cushman & Wakefield’s Multi-Family Advisory Group is now marketing The Alexandra, a former luxury hotel primed for redevelopment in Boston’s thriving South End neighborhood. Approved plans for the redevelopment include a 70-unit condominium project with a gym, bike storage, rooftop terrace with adjoining amenity room and ground floor retail. The property is within minutes of some of the city’s top dining destinations including Toro, Flour Bakery & Café, and Barcelona Wine Bar.

Further information about the sale states, “The Alexandra is offered on an ‘as-is’ basis and without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with access to the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a ‘Call for Offers’.”

This is so very interesting! Now would I really go through with buying it if I won? I don’t know.

Toying with the idea is different than the reality of what this would mean day to day in taking on such a massive construction project. Especially one that seems doomed to fail. But then again, maybe Hotel Alexandra just hasn’t found the right owner yet. And I can’t help but dream.

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Photo Credit: Nina LaNegra

Massachusetts Paid Medical Leave & Life Recently

herbs and marigolds balcony garden

How to even begin writing here? I’m not sure how to do it except to just do it.

Well, my balcony garden is mostly looking good. The basil and rosemary are loving all the rain. The marigolds too. I’d prefer a little more sun, but there’s been enough to keep us all alive. Speaking of which. Things got dicey for a bit.

So a little over three weeks ago, out of the blue, I got really sick. The pain in my stomach was so brutal I couldn’t sit or lay still. I had chills and kept vomiting, which I never do. I spoke to my aunt about my symptoms and she said it sounded like gallstones. I looked online and saw several articles stating that if symptoms last more than a few hours to seek immediate medical attention. Because there could be an infection spreading to other organs and be fatal. I had already waited close to 24 hours. Gulp. I called 911.

Long story short, my gallbladder was acutely infected and I ended up having emergency surgery to remove it. I was in the hospital for a few days and have been recovering at home since. I’m feeling much better and plan to return to working next week. I’m so glad that Massachusetts now has paid medical leave and I was able to get it. What a relief.  Paid medical leave needs to be available at the federal level, so that everyone can have it when needed. Because life sure can change in an instant.

Because of the surgery, I still am not allowed to lift more than a gallon of milk for another week, and have needed help with basic things at home. Luckily family and friends have been there for me in a big way.

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This year has been a trip. Well, the last several years really. Most of last year was devoted to helping my mom sell her house and move her closer to me. That was done just days before Christmas last year. I was so happy that we were able to make it happen and had planned to write about the process of helping to sell a parent’s home — the downsizing involved, etc. Life was just too much though. I was extremely exhausted and stressed from everything and just couldn’t do it. I fell behind with a lot of things. And I’m still behind.

But I decided that my priority had to be my well-being. My focus this year is to relax, enjoy life and take care of myself.

I was able to do a bunch of fun things though. I finally saw Hamilton! My mom and I did a paint night! I saw Jill Scott in concert! I visited with family in Maryland and saw the cherry blossoms in DC! I got a Wordle in one! And just a week and a half before I got sick, I went with a friend to the Kripalu Center for Yoga and Health in the beautiful Berkshires. We participated in the RISE program to help with stress management and resilience. The program was amazing! I learned so much and was probably better able to handle everything recently based on that experience. I guess the universe decided that I still had not rested enough!

So now the year is more than half over. I’m sure that I have no idea what the rest holds. But regardless of what life throws at me, I’ll give it my best.