Anonymous
09/10/2023 13:11
Subject: What’s your student loan payment
Anonymous wrote:It was forgiven during the pause. Huge weight off our shoulders.
same here! congrats to us!
Anonymous
09/10/2023 13:10
Subject: What’s your student loan payment
Anonymous wrote:Same OP. $209. $14.000 left. Qualified for payoff but Republicans voted it down.
This was actually thrown out in court
Anonymous
09/10/2023 13:08
Subject: What’s your student loan payment
Anonymous wrote:Same OP. $209. $14.000 left. Qualified for payoff but Republicans voted it down.
Well you borrowed it so yeah you have to pay it back.
Anonymous
09/10/2023 13:06
Subject: What’s your student loan payment
Anonymous wrote:Anonymous wrote:My new payment is $179. Balance is $10k. Income is $65k. I will be paying $1k/ month.
Is someone else subsidizing your expenses? This seems really tough to pull off unless it’s your main/only expense or you aren’t repaying from your income.
No one is subsidizing me. My rent is low and I don't spend much on anything else.
Anonymous
09/10/2023 09:30
Subject: Re:What’s your student loan payment
How do undergrads borrow more than the maximum that a student loan will allow? I thought the max was around $28k over four years.
Anonymous
09/10/2023 09:17
Subject: What’s your student loan payment
Anonymous wrote:It is one penny less than 100k. We paid it down to that, and purposely put it at 99,999.99.
Minimum is $600ish, but we will keep at 36k per year (3k per month).
It’s related to dh’s career, not doctor, but extremely career-specific debt. Everyone in his career has it. Unless they came from wealthy families.
So, it’ll be done in 4y or less, whew!
Income now 120k Take home. Stands to rise this year.
Why did you purposely put your loans at 99,999.99?
Anonymous
09/10/2023 08:53
Subject: What’s your student loan payment
For the household it’s 100 bucks. Before mine was paid off it was 180 bucks. Both of our schools cost around 150-200k for 4 years - this was a while ago though. HHI: 700k
Bonus bonus points: I’m completely against loan forgiveness. I’ll even go as far as to say that those who can’t afford expensive colleges like mine shouldn’t go to expensive colleges like mine. Grad school debt should be a business decision, 200k on a phd on the role of women in Greek mythology isn’t a good deal unless you’re going to make money in your field to pay it back.
Bonus bonus points: I’m completely against loan forgiveness. I’ll even go as far as to say that those who can’t afford expensive colleges like mine shouldn’t go to expensive colleges like mine. Grad school debt should be a business decision, 200k on a phd on the role of women in Greek mythology isn’t a good deal unless you’re going to make money in your field to pay it back.
Anonymous
09/10/2023 08:48
Subject: What’s your student loan payment
I owe $7700. I think monthly payments will be around $120. DH has about $3000 left to pay and I’m not sure what his payments will be (should check!).
HHI $250K
HHI $250K
Anonymous
09/10/2023 08:39
Subject: What’s your student loan payment
Anonymous wrote:Anonymous wrote:Same OP. $209. $14.000 left. Qualified for payoff but Republicans voted it down.
Not a republican, good they voted it down. Why should I pay for you and me. Pay YOUR debt.
This kind of myopic thinking doesn’t see the forest for the trees. The economy is about to take a nose dive.
Anonymous
09/10/2023 08:37
Subject: What’s your student loan payment
The “you knew you were borrowing, you pay it off” argument ignores the fact that many of these loans are usurious and predatory and many people have paid the principal and then some and still have high balances.
Granted, some of this is due to the income-based repayment calculations and deferral. And lenders certainly are entitled to earn a return on the money they lend. But at some point the terms are truly horrific and impossible for an 18 yo to understand.
Less sympathy for loans taken for graduate schools leading to professional careers.
Granted, some of this is due to the income-based repayment calculations and deferral. And lenders certainly are entitled to earn a return on the money they lend. But at some point the terms are truly horrific and impossible for an 18 yo to understand.
Less sympathy for loans taken for graduate schools leading to professional careers.
Anonymous
09/10/2023 08:32
Subject: What’s your student loan payment
Got it from $130K to 60K before interest resumed. I have a ~225K salary. Not sure what my minimum is but plan to pay off ~$1500 a month.
Anonymous
09/10/2023 08:28
Subject: What’s your student loan payment
When I graduated from college I owed $65k. My salary was $35k. Student loan payment was $857.43 a month. My fiance and I moved in together and ate ramen noodles for years. His salary was similar but his loan was only $20k.
25 years later we have paid off the loans, have 2M in retirement and enough in our kids 529 plans to cover state school. Our combined salary is now $250k.
25 years later we have paid off the loans, have 2M in retirement and enough in our kids 529 plans to cover state school. Our combined salary is now $250k.
Anonymous
09/10/2023 08:10
Subject: What’s your student loan payment
Anonymous wrote:Same OP. $209. $14.000 left. Qualified for payoff but Republicans voted it down.
Not a republican, good they voted it down. Why should I pay for you and me. Pay YOUR debt.
Anonymous
09/10/2023 08:09
Subject: What’s your student loan payment
Anonymous wrote:My new payment is $179. Balance is $10k. Income is $65k. I will be paying $1k/ month.
Is someone else subsidizing your expenses? This seems really tough to pull off unless it’s your main/only expense or you aren’t repaying from your income.
Anonymous
09/10/2023 08:07
Subject: What’s your student loan payment
It was forgiven during the pause. Huge weight off our shoulders.