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First a check, now no student loans?

Posted on 4/10/20 at 7:23 pm
Posted by Ancient Astronaut
Member since May 2015
37416 posts
Posted on 4/10/20 at 7:23 pm
Hell yeah!!! Time to party!!!

Posted by Charm299
Member since Aug 2017
787 posts
Posted on 4/10/20 at 7:24 pm to
What is this check you speak of? I have yet to receive anything
Posted by Porter Osborne Jr
Member since Sep 2012
44197 posts
Posted on 4/10/20 at 7:24 pm to
quote:

now no student loans


Say what?
Posted by Ancient Astronaut
Member since May 2015
37416 posts
Posted on 4/10/20 at 7:25 pm to
My friend Uncle Joe says Trump needs to sign it first.
This post was edited on 4/10/20 at 7:25 pm
Posted by Rize
Spring Texas
Member since Sep 2011
19850 posts
Posted on 4/10/20 at 7:25 pm to
If they forgive student loans then I want 50k back on taxes this year.
Posted by Ed Osteen
Member since Oct 2007
59352 posts
Posted on 4/10/20 at 7:25 pm to
They will get that student loan money from you eventually
Posted by Charm299
Member since Aug 2017
787 posts
Posted on 4/10/20 at 7:26 pm to
Oh, that’s why. He’s probably still signing them
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33432 posts
Posted on 4/10/20 at 7:28 pm to
quote:

Say what?


Federal student loans have had their interest rates dropped to zero and payments have been temporarily deferred. Nothing actually happened to the balance.
Posted by BlackCoffeeKid
Member since Mar 2016
12889 posts
Posted on 4/10/20 at 7:28 pm to
quote:

now no student loans

I finished paying off my student loans last week. Did it within a year of graduating.
I'm going to be pissed if this is true.

ETA: Actually, I won't be pissed. I'm actually pretty proud about being responsible and paying my debts.
This post was edited on 4/10/20 at 7:57 pm
Posted by Wolf Shirt
the boardwalk
Member since Sep 2008
10690 posts
Posted on 4/10/20 at 7:28 pm to
The student loan thing is only for people with loans from 2010 on.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78703 posts
Posted on 4/10/20 at 7:29 pm to
quote:

Nothing actually happened to the balance.


And nothing ever will. This student loan forgiveness talk has been going on for the better part of 15 years.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
33432 posts
Posted on 4/10/20 at 7:31 pm to
quote:

And nothing ever will. This student loan forgiveness talk has been going on for the better part of 15 years.


Yup, we dither over loan forgiveness while leaving interest rates around 7%. To me, it makes far more sense to tank the interest rates (hell, make it retroactive if you like), than to just randomly offer forgiveness.
Posted by whitetiger1234
They/Them
Member since Oct 2016
6706 posts
Posted on 4/10/20 at 7:31 pm to
Student loans are being suspended for now lol not forever boomer
Posted by CaTiger85
Member since Feb 2020
1394 posts
Posted on 4/10/20 at 7:33 pm to
I owe 600k. Am I off the hook?
Posted by Veritas
Member since Feb 2005
11154 posts
Posted on 4/10/20 at 7:34 pm to
How would anyone ever owe this much money?
Posted by CaTiger85
Member since Feb 2020
1394 posts
Posted on 4/10/20 at 7:36 pm to
BS,JD, LLM, MBA, MS, PHD.
It adds up.

Barista pay isn’t what it used to be.
This post was edited on 4/10/20 at 7:37 pm
Posted by Veritas
Member since Feb 2005
11154 posts
Posted on 4/10/20 at 7:52 pm to
Congrats on all that, hopefully it pays off.
Posted by Boudinbaw
Member since Jan 2020
84 posts
Posted on 4/10/20 at 7:56 pm to
quote:

BS,JD, LLM, MBA, MS, PHD

Holy shite
Posted by CaTiger85
Member since Feb 2020
1394 posts
Posted on 4/10/20 at 7:57 pm to
The MBA and MS are useless. But once you get above a certain number with income based repayment, who cares?
Posted by Cowboyfan89
Member since Sep 2015
13057 posts
Posted on 4/10/20 at 8:01 pm to
Perfect opportunity to pay those things down with no interest being charged. Hell, I'm going to double my payments. All of it goes to principal. Really debating whether or not I want to take that stimulus check and pay the whole damn thing off.
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