Student Loans / Expected Value of Paying Down or Waiting
May 16th, 2022 at 12:35:37 PM
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Who said he even earned $10 a month, that was what was owed.
May 16th, 2022 at 1:44:10 PM
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I came out of college owing a few thousand dollars, but back then it was really easy to get deferments and the interest rate was around three percent so I made minimum payments. I think my monthly payment was less than fifty dollars a month. My Mom was shocked when she heard me joking about turning forty and still paying back student loans.
Today's loans are a very different animal.
Today's loans are a very different animal.
The difference between fiction and reality is that fiction is supposed to make sense.
May 16th, 2022 at 2:20:42 PM
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Ah, now I see...an ancient, hoary thread resurrected from the dead.
Silly me.
I assume the OPfound a job, perhaps as a barista.
Silly me.
I assume the OPfound a job, perhaps as a barista.
"What, me worry?"
May 16th, 2022 at 2:36:32 PM
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I am kind of sad that I forced my daughter to pay off her loans earlier this year now that it looks like their might be some forgiveness for the loans.
At my age, a "Life In Prison" sentence is not much of a deterrent.
May 16th, 2022 at 2:50:55 PM
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Quote: DRichI am kind of sad that I forced my daughter to pay off her loans earlier this year now that it looks like their might be some forgiveness for the loans.
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I have been advising everyone who asks NOT to payoff loans since (during the end of the last presidential administration) that the Democrats would be taking over the three (President, house, and senate) law making entities. The Democrats want student loans to disappear like magic. Not getting political, from a purely EV perspective you should not be paying off student loans. If the Republicans win inn2022 the EV might flip depending on your personal situation, interest rates, etc…
May 16th, 2022 at 3:08:05 PM
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Why should recent student loan borrowers get a free pass when folks like me who previously borrowed and paid it all off get a bag full of excrement for our efforts?
If Biden is damn fool enough to have the gov't pay off all unpaid student loans then he should aloo reimburse me and all others for the payments I / we have made.
This will be a toxic issue for Biden and will likely relegate him to being a one termer, with a Republican taking over
Actually I see a lot of reasons why the democrats will soon lose power.
If Biden is damn fool enough to have the gov't pay off all unpaid student loans then he should aloo reimburse me and all others for the payments I / we have made.
This will be a toxic issue for Biden and will likely relegate him to being a one termer, with a Republican taking over
Actually I see a lot of reasons why the democrats will soon lose power.
"What, me worry?"
May 16th, 2022 at 4:38:46 PM
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Would you rather get 5 more $2,000 stimmy checks or a $10,000 student loan forgiveness?
Well, states will have to step up with the stimmy checks.
Well, states will have to step up with the stimmy checks.
May 16th, 2022 at 5:08:21 PM
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Quote: ChumpChangeWould you rather get 5 more $2,000 stimmy checks or a $10,000 student loan forgiveness?
Well, states will have to step up with the stimmy checks.
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Where are the options for neither and why?
May 16th, 2022 at 5:37:23 PM
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Quote: mcallister3200Quote: ChumpChangeWould you rather get 5 more $2,000 stimmy checks or a $10,000 student loan forgiveness?
Well, states will have to step up with the stimmy checks.
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Where are the options for neither and why?
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Or both, and why not?
The difference between fiction and reality is that fiction is supposed to make sense.
May 16th, 2022 at 5:54:21 PM
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I saw a vehicle in my parking lot (next to mine) the other day that had the baldest tires ever. I checked the inspection sticker and it was 2 months overdue. I went shopping and came back and the vehicle was gone. They saw me checking the inspection sticker. Aren't these stimmies supposed to be used to buy new tires? Seems they're way late with more stimmies. I know I bought new tires with my stimmy.
