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| Topic | Bloomberg wants to take your student loan payments out of your paycheck. |
| Sackgurl 02/20/20 2:15:02 PM #60: | in bloomberg's defense (why am i doing this?), income-driven repayment plans are objectively better than forbearance, which is what most companies administering student loan payment collection direct distressed borrowers towards (deferring payments through forbearance does not prevent interest from building up) it's not nearly as good for the borrower as a direct federal assistance/forgiveness program would be but it's also better than the status quo of "call the companies who actually run everything and let them direct you towards something that will make things worse" lincoln002 posted... 1. After 25 years you can apply for student loan debt forgiveness and the debt gets wiped. so you know, when this happens you pay taxes on the wiped debt--all of it, including the accrued interest. --- LittleBigPlanet is like merging dress-up with a real game. ... Copied to Clipboard! |
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