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re: Happy Student Loan Payments Resume After a 3-Year Pause month
Posted on 10/2/23 at 1:34 pm to icegator337
Posted on 10/2/23 at 1:34 pm to icegator337
quote:
Why would anyone make interest free payments instead of sitting on the money and earning interest on it themselves. You can get around 5% interest on a regular savings account right now
ETA: not to mention borrows had a reasonable chance the loan would be forgiven and paying it before might cost you money. Paying it off today wouldn't cost you anything more than you owed three years ago.
ypou are 100% correct but you are leavin the human behavior part out of it. those that are complaining about student loans are the ones that dont have good financial discipline anyways
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