| The Old Gods |
| No, that's being phased out and replaced with the RAP plan. |
Sunny| The Black Watch |
| If the new repayment plans cause the loan amounts to actually decrease as you pay them off like every other loan, that is a good thing. And yeah, 90-105k is nothing to sneeze at, I'd be sitting pretty if I made that much (play my cards right and I could be there in 5-10 years at my current job, which will probably be the most anyone in my immediate family made, definitely more than my mom or dad made.) |
| Gaelic Gladiacres |
| fang - sort of! one EWE and an EEE, but my big match flopped PEE ;;;.;;; |
| Whitewolf |
| Nah it’s Windy I see but not the other, don’t matter probably someone who blocked me XD |
| The Black Watch |
| Sounds like the financial hardship plan I was offered in the early 2000s that would have cause me to have to choose between groceries, car insurance/gas so I could get to work to earn the money I did make, or making the "financial hardship" payment. I could do 1-2 of the 3, but not all three monthly (my husband and I lived with his parents at the time and didn't have children yet). Guess they missed the memo that a financial hardship payment shouldn't cause financial hardship. I did eventually pay off that college so I was able to go back to school to get my degree, and now I teach, but that made my 20s super stressful. |
| Windy Hollow Farms |
| standard repayment might be less per month depending on your loan size? mine would be |
| Windy Hollow Farms |
| that's good you can afford it, but still that's a sticker shock. I make 90k and that'd hurt each month |
| The Old Gods |
| On the other hand, it sounds like there's the potential for loan amounts to actually go down instead of just fighting the compounding interest? |
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| The Black Watch |
| If the new repayment plans cause the loan amounts to actually decrease as you pay them off like every other loan, that is a good thing. And yeah, 90-105k is nothing to sneeze at, I'd be sitting pretty if I made that much (play my cards right and I could be there in 5-10 years at my current job, which will probably be the most anyone in my immediate family made, definitely more than my mom or dad made.) |
| Gaelic Gladiacres |
| fang - sort of! one EWE and an EEE, but my big match flopped PEE ;;;.;;; |
| Whitewolf |
| Nah it’s Windy I see but not the other, don’t matter probably someone who blocked me XD |
| The Black Watch |
| Sounds like the financial hardship plan I was offered in the early 2000s that would have cause me to have to choose between groceries, car insurance/gas so I could get to work to earn the money I did make, or making the "financial hardship" payment. I could do 1-2 of the 3, but not all three monthly (my husband and I lived with his parents at the time and didn't have children yet). Guess they missed the memo that a financial hardship payment shouldn't cause financial hardship. I did eventually pay off that college so I was able to go back to school to get my degree, and now I teach, but that made my 20s super stressful. |
| Windy Hollow Farms |
| standard repayment might be less per month depending on your loan size? mine would be |
| Windy Hollow Farms |
| that's good you can afford it, but still that's a sticker shock. I make 90k and that'd hurt each month |
| The Old Gods |
| On the other hand, it sounds like there's the potential for loan amounts to actually go down instead of just fighting the compounding interest? |
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