Explain #1

Jul 1, 2016
12:29:54pm

TheBlazz Contributor

Explain #1

Are you saying there wouldn't be any benefit for you to do PSLF because doing an income-base plan doesn't reduce your monthly rate enough to save you anything?

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TheBlazz

Bio page: TheBlazz
Joined: Mar 10, 2008
Last login: Jun 16, 2017
Total posts: 698 (0 FO)

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Messages

Author

Time

Student loans really suck

bluebloodedcoug

7/1/16 12:07pm

What's the interest rate on them?

AndyDwyer

7/1/16 12:10pm

I've got like 10 loans. Different interest rates on them all.

bluebloodedcoug

7/1/16 12:11pm

Students loans are awesome until you have to repay them--then they suck.

SierraCoug

7/1/16 12:10pm

Yeah I was disappointed in number 3

PortlandCoug

7/1/16 12:11pm

#3 really bugs me

KingDave

7/1/16 12:12pm

Explain #1

TheBlazz

7/1/16 12:29pm

To qualify for PSLF you have to make 10 consecutive years of qualifying

bluebloodedcoug

7/1/16 12:33pm

Ahhh, makes sense

TheBlazz

7/1/16 12:38pm

I just qualified and pay $0.00 for 1st year...maybe they lie

Y4LYFE

7/1/16 1:11pm

You have an IDR plan, but try the Pay as you Earn (PAYE) plan

Y4LYFE

7/1/16 1:18pm

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