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re: Would you support paying back student loans w pre tax dollars?
Posted on 2/16/17 at 4:51 pm to Maytheporkbewithyou
Posted on 2/16/17 at 4:51 pm to Maytheporkbewithyou
quote:
as long as taxpayers aren't burdened with picking up the tab for college
Theres two things taxpayers would lose out on:
1)interest from the student loans
2)taxes from the funds to repay the debt
See students actually get double fricked to pay back student loans. Because in order to payback say $100k in loans, making $100k+interest isn't good enough.
This post was edited on 2/16/17 at 4:52 pm
1
Posted on 2/16/17 at 5:09 pm to NYNolaguy1
Tax payers are actually relieved of some burden, though.
Using income based plans, balances unpaid after 25 years are forgiven.
Also, PSLF forgives loans after 10 years of public service.
I'm currently planning on using PSLF. If I could pay my loan with pre-tax, dollars, I prolly wouldn't need the forgiveness
Using income based plans, balances unpaid after 25 years are forgiven.
Also, PSLF forgives loans after 10 years of public service.
I'm currently planning on using PSLF. If I could pay my loan with pre-tax, dollars, I prolly wouldn't need the forgiveness
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