Student Loan Repayment Options

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  • Опубликовано: 1 дек 2024

Комментарии • 18

  • @arielchasipanta2237
    @arielchasipanta2237 5 лет назад +19

    ahh yes 0.25% off for enrolling in the auto-pay. Such a lifesaver!

  • @admincreepergames
    @admincreepergames 5 лет назад +34

    This sounds like a great way to bankrupt

  • @DeiHarper9361
    @DeiHarper9361 2 года назад +5

    I hate I went back to school honestly. I didn't get anywhere (I know I'm to blame for the most part I guess) I got no job in the field..idk if it's me like am I cursed or what? I graduated with a 3.9 albeit a technical college I believe that's still good. Applied for jobs 4 months before graduation, no call backs, a bunch of "we'll be in touch" and a few "we're looking for someone with more experience". It's like what's the point? I'm currently working part time at a pediatrics office as a administrator assistant and trying my.l hardest to get out of here. I want to go back to school for IT seeing as the field seems to be in high demand most of the time. Wondering if I have anything to lose? Anyway I've racked up a little over $40k in student loans and have to start paying back soon.

    • @truegrizzlesfan2292
      @truegrizzlesfan2292 11 месяцев назад +1

      It's ok, if you are slow. Stop getting yourself into debt. Nothing wrong with working with your hands. Trust me, it's going to be hard for you to get a IT job as well especially if you are not good at it.

  • @zarazalazar
    @zarazalazar 2 года назад +1

    Is it true that what's left of the loan after 25 year forgivess, is added on as "income"??? Then we have to pay taxes on that?

    • @HisBigGreenThumb
      @HisBigGreenThumb 2 года назад

      Yes. Correct. In my humble opinion it's best to pay the % interest as you go along and use snowballing to get those numbers down. I say this because if you get forgiven in 20 yrs your interest could be as high as your balance if you pay nothing on it for that long of a time. Imagine $30-50 a day interest on 100k.

    • @zarazalazar
      @zarazalazar 2 года назад

      @Keslyn Nguyen interesting!

  • @TheIvyLeagueInvestor
    @TheIvyLeagueInvestor 4 года назад +6

    Thanks for sharing this video! I just made a similar video detailing all 8 Federal student loan repayment options!

  • @devoeweems8917
    @devoeweems8917 2 года назад

    What's next

  • @petergriffin1387
    @petergriffin1387 5 лет назад +8

    Or join the military bam school paid

    • @thedude5040
      @thedude5040 5 лет назад +4

      Not everyone has the physical ability to join, and im not just meaning being out of shape. however i was offered some very good civilian gigs because of my engineering training.

    • @reyskywalker7985
      @reyskywalker7985 2 года назад

      No thanks, we will let china win. Why should kids want to defend this debt country?

  • @TrevinKing-v3x
    @TrevinKing-v3x Год назад

    Thank you very much