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re: Would you support paying back student loans w pre tax dollars?
Posted on 2/16/17 at 4:47 pm to AUbused
Posted on 2/16/17 at 4:47 pm to AUbused
quote:
My grandfather was a foreman and I know he often had issues with people just being big pieces of shite.
So, you're saying it's always been this way?
:[
Posted on 2/16/17 at 4:47 pm to NYNolaguy1
No. Pay your obligation with post-tax dollars as you agreed.
Posted on 2/16/17 at 4:51 pm to Maytheporkbewithyou
quote:
as long as taxpayers aren't burdened with picking up the tab for college
Theres two things taxpayers would lose out on:
1)interest from the student loans
2)taxes from the funds to repay the debt
See students actually get double fricked to pay back student loans. Because in order to payback say $100k in loans, making $100k+interest isn't good enough.
This post was edited on 2/16/17 at 4:52 pm
Posted on 2/16/17 at 4:51 pm to Jake88
quote:
. Pay your obligation with post-tax dollars as you agreed
This is just dumb. Nowhere in the promissory note did either party stipulate that.
Posted on 2/16/17 at 4:53 pm to NYNolaguy1
shite I'd have been paid mine off
Posted on 2/16/17 at 4:55 pm to Tiger Khan
Hah, nah not necessarily. This was later in his life and in the last 10-15 years. Can't speak for before that. Its also worth noting that we're talking about a low income town in the south decimated by garment factory work leaving the area 20-30 years ago.
Posted on 2/16/17 at 5:02 pm to NYNolaguy1
So it's dumb for me to have the opinion that you should pay your loans back without gimmicks and getting discounts elsewhere such as taxes. Fine.
Posted on 2/16/17 at 5:07 pm to Jake88
quote:
it's dumb for me to have the opinion that you should pay your loans back without gimmicks and getting discounts elsewhere such as taxes. Fine.
Having an opinion is fine.
Stating that it would be breaking the terms of the agreement when it doesn't isn't.
Also where is there a discount? Surely it's not in the principal being being back (with interest mind you). Why shouldn't people be able to spend as much as they make instead of wasting it on govt bureaucracy?
This post was edited on 2/16/17 at 5:10 pm
Posted on 2/16/17 at 5:09 pm to NYNolaguy1
Tax payers are actually relieved of some burden, though.
Using income based plans, balances unpaid after 25 years are forgiven.
Also, PSLF forgives loans after 10 years of public service.
I'm currently planning on using PSLF. If I could pay my loan with pre-tax, dollars, I prolly wouldn't need the forgiveness
Using income based plans, balances unpaid after 25 years are forgiven.
Also, PSLF forgives loans after 10 years of public service.
I'm currently planning on using PSLF. If I could pay my loan with pre-tax, dollars, I prolly wouldn't need the forgiveness
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