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re: Happy Student Loan Payments Resume After a 3-Year Pause month

Posted on 10/2/23 at 1:14 pm to
Posted by Areddishfish
The Wild West
Member since Oct 2015
6284 posts
Posted on 10/2/23 at 1:14 pm to
quote:

earning interest on it themselves. You can get around 5% interest on a regular savings account right now


But you are talking at most a few hundred bucks a year in interest earned because the markets and savings interest were in the tank for at least two of those years. Whereas the interest alone on the payments could be a couple hundred a month.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35599 posts
Posted on 10/2/23 at 1:24 pm to
quote:

But you are talking at most a few hundred bucks a year in interest earned because the markets and savings interest were in the tank for at least two of those years. Whereas the interest alone on the payments could be a couple hundred a month.


You have no idea what you are talking about lmao.
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