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re: Brandon: Student Loan Pause to end 12/31/22, Payments to be capped at 5% monthly income
Posted on 8/24/22 at 11:35 am to JKLazurus
Posted on 8/24/22 at 11:35 am to JKLazurus
quote:Let's be honest, most student loan borrowers can't even understand the basics of "I took some money, I need to give it back" much less an amortization loan balances.
This plan is almost brilliant. For most people the upfront reduction will be counteracted by long term interest accrual.
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