Don't try to make repayment decisions based on the expectation of additional broad-based forgiveness, since it is unlikely, said Michele Streeter, senior director of college affordability at The Institute for College Access & Success. There are, however, other relief programs such as Public Service Loan Forgiveness or income-driven repayment forgiveness to factor into the financial analysis.
Some borrowers with larger balances could be better off sticking with minimum payments once they resume in January while they work toward other forgiveness. This could be especially beneficial to lower- and middle-income borrowers with high balances remaining after the government's broad-based forgiveness. However, the proposal still has to work its way through procedural channels, and some experts aren't expecting the new plan to be available until at least the summer.How to approach repayment is a personal decision based on an individual's overall financial picture.
So instead of rushing to pay down student loan debt, the borrower should consider putting that money into her 401 or 403. Because student loan payments are based on adjusted gross income, you can get a lower student loan payment by saving for retirement in a pre-tax retirement account, Williams said.
None should be forgiven. If you take a loan, pay it back.
Islamic Republic has started a massacre in Sharif University of Technology in Tehran, Iran. Students are trapped, shot, wounded, and taken to unknown locations. Please be our voice and spread the word. We need help in Iran. They are killing our students. MahsaAmini OpIran
Do you guys ever report when officer start facility so breaking the law and go as far as drugging innocent people and making them believe that they’re going to help them as far as going to lead them in to thinking that they’re under witness protection? I do believe ingood officer
I’m telling everyone to pay it off with credit card convenience, checks, wait as long as they have to wait to make it legal, and file bankruptcy. If someone can run up a credit card on vacation and shopping sprees and get a fresh start, they should be able to get one too.
Mine was being taken out of SS after Video Symphony was closed by Dept. of Education