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| Topic | Dude on WSB paid off his entire student loan balance off with Gamestop stock |
| archedsoul 01/26/21 2:31:49 PM #47: | onedarksoul posted... I knew it was something low like that. Which for this guy should be around where he was at, depending on the interest rate on his loans and how long he held them (6-8 years at most, given he was 28 I believe).Unless you were in deferment or forebearance, there will be no accruing interest to capitalize over the years. Interest is based off your principal between payments. If you're paying on time, part of your monthly payment is to pay for that interest. He's probably looking at $15-$20k in taxes depending on his state and job. --- "Fear cuts deeper than swords." ... Copied to Clipboard! |
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