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re: Student Loans
Posted on 4/22/24 at 4:51 pm to Abundy007
Posted on 4/22/24 at 4:51 pm to Abundy007
quote:
The loans are in my name and are Federal loans (NELNET). My 401k is well funded. I’m just trying to be a good parent and pay off her student loan. She is graduating with a 4.0 for all four years of school. I’m 56 years old about to be 57 so I’m trying to reduce my debt so I can retire and me and my wife can enjoy life. If that’s being a bad parent then I don’t need your silly arse comments.
It’s not her student loan, it’s yours. You borrowed 50k to pay for your daughter’s college education and your plan to pay it off is to use money from your 401k. You deserve all the comments you’re getting and none of them are silly
Posted on 4/22/24 at 5:43 pm to kc8876
Yeah it’s your loans not hers. I would still make monthly payments than use retirement accounts since your be losing money
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