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Reply to "Why is Biden extending the student loan repayment pause?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]this income cap sh** makes my blood boil. In principle it sounds like the right thing to do, but it screws more people than it helps. I make $125k in my hometown in Arkansas is not the same as $125k in this expensive DMV area. [/quote] Isn't it just mirroring whatever the HHI was for the 2020 and 2021 pandemic stimulus checks?[/quote] it is. I was fine with that. Although it would have been nice to get a $1200, that wasn't going to break me. These student loans are a lot different. I can't even qualify for a decent mortgage. My credit score is 763 and for what? 275k won't even get me a studio in DMV unless I want to be 60 miles away from where I work. [/quote] There actually are, but you may need to adjust your expectations. There are 2 and 3 bedroom GHIs in Greenbelt. A two bedroom SFH in Hyattsville. If you work in VA, that will be hard, but there are places in PG county. [/quote] I am actually considering PG county if I stay in this area. But I work in Arlington. If my job allows me to work remote (permanently), I may move to central New York (Rochester). I can get a nice house for $150k. [/quote]
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