[Bruce Wang]

Low APR U won't start paying down the principal until 2032, when its yearly payments rise to $26 million, then $37 million, before tapering off in 2051. After a brief respite, Low APR U will owe a lump sum of $82 million in 2053 alone. Then it will have six decades to pay off the final 17 percent, or $75 million.

does this mean the debt will be paid off ~2113?

Relax California tax-payers, inflation will render these amounts insignificant.

[Bruce Wang]

Low APR U won't start paying down the principal until 2032, when its yearly payments rise to $26 million, then $37 million, before tapering off in 2051. After a brief respite, Low APR U will owe a lump sum of $82 million in 2053 alone. Then it will have six decades to pay off the final 17 percent, or $75 million.

does this mean the debt will be paid off ~2113?

Relax California tax-payers, inflation will render these amounts insignificant.