- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Little Back & Forth On Taxpayer Bailout Of Student Loans On Local CBS Atlanta News Today
Posted on 8/24/22 at 9:34 am to CleverUserName
Posted on 8/24/22 at 9:34 am to CleverUserName
quote:
Letting interest compound on debt you owe, when you can pay it off quicker, is fricken dumb. Each way, every way, any day.
What if I can put money towards something that has a higher ROI than the interest being accrued on my student loan principle? This isn’t credit card level interest rates my guy.
1
Posted on 8/24/22 at 9:46 am to onmymedicalgrind
quote:
What if I can put money towards something that has a higher ROI than the interest being accrued on my student loan principle?
Because you can lose your job tomorrow and have to use all of that you invested to pay the loan anyway.
And the market, and economy, can do what it has exactly done these past two years and erase a large amount, if not all, of the gain and there you are.
Plus, more than likely, that extra money for investments is going to eventually find its way into a house, boat, or vehicle payment…. That bears more interest on debt. Probably what has happened in the Rob vs. Robert story in the OP.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News