So after diligently paying my student loans for the last 7 years or so, I decided to check out the new Biden Income based repayment plan aka SAVE.
Even with my income, it cut my monthly payment by 90% and as long as I make my monthly payment, no interest acrues.
Now ideologically I am firmly opposed to this executive order fuckery. That being said, fuck 'em. I didn't create this stupidity but I am surely gonna take advantage of it with all the tax dollars In have paid over my lifetime. If you have a student loan open, it's probably worth your while to take a peak at this. The application took 5 minutes and they show you the new payment before you hit submit. So you can model it without consequences.
Even with my income, it cut my monthly payment by 90% and as long as I make my monthly payment, no interest acrues.
Now ideologically I am firmly opposed to this executive order fuckery. That being said, fuck 'em. I didn't create this stupidity but I am surely gonna take advantage of it with all the tax dollars In have paid over my lifetime. If you have a student loan open, it's probably worth your while to take a peak at this. The application took 5 minutes and they show you the new payment before you hit submit. So you can model it without consequences.
- 5