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re: Future Tax/Investment Question

Posted on 4/2/14 at 12:00 pm to
Posted by fratmonster
Member since Oct 2005
10942 posts
Posted on 4/2/14 at 12:00 pm to
quote:

Whether or not someone should have the right to have their loans discharged after 25 years is worthy of debate. But the rule is what the rule is, and he might as well take advantage of it.


:golfclap:

quote:

The law on student loan forgiveness may change. If the whole point of IBR is to reflect the fact that people can't pay their student loan amounts back in full, what gives the government the idea that the people will be able to pay the tax on the forgiven student loan debt? My guess is when this becomes a problem (in about 10 years) there will be pressure to change the rules.


I also believe this will change in the future. I see student loans being a huge problem in the next 5-10-15 years.
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